EUR/ARS
Market Open
12 Jun, 20:58
AR$
1,653. 20
-4.896
-0.2953%
AR$
2,673 Volume
AR$ 1,658.0999
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EURARS Overview
EURARS denotes the exchange rate expressing how many Argentine pesos are required to purchase one euro. It is quoted as the price of the Euro (EUR) in terms of the Argentine Peso (ARS) and is used to value cross-border payments, conversions, and financial contracts between the euro area and Argentina.
The euro is the single currency of the euro area, used by 19 European Union member states. It functions as a major global reserve and transaction currency and is issued and managed by the European Central Bank, which sets monetary policy for the eurozone.
The Argentine peso is the sovereign currency of Argentina, a fiat unit issued by the Banco Central de la República Argentina. The peso serves as the country’s legal tender and is influenced by domestic economic conditions, including monetary policy and fiscal dynamics.
Movements in the EURARS exchange rate reflect relative supply and demand for each currency and are shaped by interest-rate differentials, inflation trends, central bank interventions, capital controls, and geopolitical or macroeconomic developments. Market sentiment and commodity price shifts that affect Argentina’s external position also play a role.
For traders, corporations, and investors, EURARS is relevant for pricing imports and exports, hedging currency exposure, conducting remittances, and pursuing speculative strategies that exploit macroeconomic differentials.
The euro is the single currency of the euro area, used by 19 European Union member states. It functions as a major global reserve and transaction currency and is issued and managed by the European Central Bank, which sets monetary policy for the eurozone.
The Argentine peso is the sovereign currency of Argentina, a fiat unit issued by the Banco Central de la República Argentina. The peso serves as the country’s legal tender and is influenced by domestic economic conditions, including monetary policy and fiscal dynamics.
Movements in the EURARS exchange rate reflect relative supply and demand for each currency and are shaped by interest-rate differentials, inflation trends, central bank interventions, capital controls, and geopolitical or macroeconomic developments. Market sentiment and commodity price shifts that affect Argentina’s external position also play a role.
For traders, corporations, and investors, EURARS is relevant for pricing imports and exports, hedging currency exposure, conducting remittances, and pursuing speculative strategies that exploit macroeconomic differentials.
EURARS Chart
EURARS FAQ
What is the current EUR/ARS price?
The current rate is AR$1,653.203900, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the EUR/ARS rate changed today?
The rate has changed by -4.896 (-0.2953%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was AR$1,658.099900, 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 EUR/ARS moving up or down?
Movements in EUR/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 (-0.2953%) is based on the difference between the current rate and the previous closing rate.
Is EUR/ARS trending up or down right now?
If the current rate (AR$1,653.203900) is below the previous close (AR$1,658.099900), 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 EUR/ARS directly on this page.
