CAD/ARS
Market Open
9 Jun, 18:41
AR$
1,033. 42
-2.909951
-0.2808%
AR$
1,307 Volume
AR$ 1,036.328942
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CADARS Overview
CADARS denotes the exchange rate between the Canadian Dollar and the Argentine Peso, indicating how many Argentine pesos are required to purchase one Canadian dollar. It tracks relative value changes between the two currencies and is quoted in forex markets where CAD is the base and ARS the quote currency.
The Canadian Dollar (CAD) is the official currency of Canada and is issued by the Bank of Canada. As a major reserve and commodity-linked currency, CAD is influenced by Canada’s economic data, trade in natural resources, and monetary policy decisions made by its central bank.
The Argentine Peso (ARS) is the legal tender of Argentina and is issued by the Central Bank of the Argentine Republic (Banco Central de la República Argentina, BCRA). ARS dynamics often reflect domestic inflationary pressures, fiscal conditions, and regulatory measures implemented by the BCRA.
Movements in the CADARS exchange rate result from shifts in supply and demand as well as differences in interest rate expectations, inflation differentials, central bank interventions, and broader geopolitical or commodity-market developments. Cross-border capital flows and market sentiment also play significant roles.
For traders, businesses, and investors, CADARS is relevant for pricing trade between Canada and Argentina, managing currency risk, and expressing views on macroeconomic divergence between the two economies.
The Canadian Dollar (CAD) is the official currency of Canada and is issued by the Bank of Canada. As a major reserve and commodity-linked currency, CAD is influenced by Canada’s economic data, trade in natural resources, and monetary policy decisions made by its central bank.
The Argentine Peso (ARS) is the legal tender of Argentina and is issued by the Central Bank of the Argentine Republic (Banco Central de la República Argentina, BCRA). ARS dynamics often reflect domestic inflationary pressures, fiscal conditions, and regulatory measures implemented by the BCRA.
Movements in the CADARS exchange rate result from shifts in supply and demand as well as differences in interest rate expectations, inflation differentials, central bank interventions, and broader geopolitical or commodity-market developments. Cross-border capital flows and market sentiment also play significant roles.
For traders, businesses, and investors, CADARS is relevant for pricing trade between Canada and Argentina, managing currency risk, and expressing views on macroeconomic divergence between the two economies.
CADARS Chart
CADARS FAQ
What is the current CAD/ARS price?
The current rate is AR$1,033.418991, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the CAD/ARS rate changed today?
The rate has changed by -2.909951 (-0.2808%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was AR$1,036.328942, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is CAD/ARS moving up or down?
Movements in CAD/ARS are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (-0.2808%) is based on the difference between the current rate and the previous closing rate.
Is CAD/ARS trending up or down right now?
If the current rate (AR$1,033.418991) is below the previous close (AR$1,036.328942), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for CAD/ARS directly on this page.
