ARS/PEN
ExoticArgentine PesoPeruvian Sol
0.00241
-0.1 pips-0.27%
Bid
0.00241Ask
0.00241spread
0.0 pips24h Δ-0.27%
Price chart
Daily volatility
0.71%
0.00%2.00%
Medium volatility0.71%
52-week range
0.00
0.000.00
0.002260.002410.00316
30-day return
-3.25%
BearishKey correlation
Coming soon
24h volume
Global OTC (decentralized market)
About ARS/PEN
The ARS/PEN pair represents the exchange rate between Argentine Peso and Peruvian Sol. This shows how many Peruvian Sols are needed to buy one Argentine Peso.
Currency converter
You send
You receive
1 ARS = 0.00241 PEN
Mid-market rate
Key statistics
24h volume
Global OTCAvg. spread
0.5-1.5 pipsPip value
$10 por lote estándarMargin req.
3.33%52-week range
High
0.003159
Low
0.002262
52-week range
0.0024070.0022620.003159
Low
0.002262
High
0.003159
Currency converter
You send
You receive
1 ARS = 0.00241 PEN
Mid-market rate
Key statistics
24h volume
Global OTCAvg. spread
0.5-1.5 pipsPip value
$10 por lote estándarMargin req.
3.33%52-week range
High
0.003159
Low
0.002262
52-week range
0.0024070.0022620.003159
Low
0.002262
High
0.003159
Frequently Asked Questions
The current ARS/PEN exchange rate is 0.0024, meaning 1 ARS equals 0.0024 PEN. The rate has decreased by -0.27% in the past 24 hours.
ARS/PEN has dropped by -1.63% over the last week. The monthly change is a -3.25% drop.
The current spread for ARS/PEN is 0.0000, with a bid price of 0.0024 and an ask price of 0.0024. The spread represents the transaction cost for trading this currency pair.
ARS/PEN highest rate in the last year was 0.0032, and its lowest rate was 0.0023.
The ARS/PEN exchange rate is influenced by several macroeconomic factors including interest rate differentials between the central banks of Argentine Peso and Peruvian Sol, inflation rates, GDP growth, trade balances, and geopolitical events. Monetary policy decisions by each country's central bank are typically the most significant driver of currency movements.
Investors in Latin America can access the forex market through international brokerage platforms and regulated forex brokers. Many platforms accept local payment methods and only require a valid government ID or passport to get started. Make sure to choose a regulated broker with transparent fee structures.
ARS/PEN can be traded during 24/5 (Sun 22:00 - Fri 22:00 GMT). The forex market operates nearly 24 hours a day during the business week, with the highest liquidity typically during the London and New York session overlap.
Many investors in Latin America hold hard currencies like ARS (Argentine Peso) as a hedge against local currency devaluation. If your local currency loses value relative to ARS, your holdings in ARS preserve their purchasing power. This is one reason why forex diversification is a common strategy for investors in regions with higher inflation.