The ARS/EUR pair shows how many euros one Argentine peso buys, reflecting Argentina's economic challenges and eurozone monetary policy.
Each row combines a UTC date, a rate and the change from the previous available observation. A positive change means the base currency buys more of the quote currency than on the previous available date.
Days without a quotation are not interpolated: the series keeps only observations that were actually received.
Compare several periods before a trip, an international transfer or a foreign-currency invoice. The average, minimum and maximum provide a quick reference, while the table enables a date-by-date check.
Couverture du au , en UTC.
| Date UTC | Rate | Change | Nature |
|---|---|---|---|
| 0,00058159 | +0.02% | Market | |
| 0,00058146 | -0.42% | Market | |
| 0,00058391 | -0.04% | Market | |
| 0,00058418 | +0.24% | Market | |
| 0,0005828 | -0.06% | Market | |
| 0,00058313 | — | Market |
The ARS/EUR currency pair measures the value of the Argentine peso against the euro, indicating how many euros are needed to purchase one peso. This directed pair is used by Argentine importers paying European suppliers, European tourists visiting Argentina, and investors with exposure to Argentine assets. When the peso appreciates against the euro, each peso buys more euros, making European goods cheaper for Argentines and reducing the cost of euro-denominated debt.
The pair is driven by the contrasting monetary policies of the Central Bank of Argentina (BCRA) and the European Central Bank (ECB). Argentina has historically faced high inflation, leading to frequent peso devaluations and capital controls, while the eurozone typically maintains lower inflation and a more stable monetary framework. Interest rate differentials, trade flows (Argentina exports agricultural commodities, Europe exports machinery and vehicles), tourism, and global risk sentiment all influence the exchange rate. Commodity prices, especially soy and corn, affect Argentina's export revenues and thus peso demand.
Over the past several years, the ARS/EUR rate has been characterized by a long-term depreciation trend of the peso against the euro, driven by persistent Argentine inflation and economic instability. Periods of tighter monetary policy or IMF agreements have occasionally slowed the decline, while political uncertainty and external shocks have accelerated it. The euro's strength has also varied with ECB policy and eurozone economic health. This qualitative framework helps understand the pair's behavior without relying on specific historical figures.
This analysis is provided for information only and is neither a forecast nor financial advice.
Each row combines a UTC date, a rate and the change from the previous available observation. A positive change means the base currency buys more of the quote currency than on the previous available date.
Displayed source: api.forex. Indicative values are used only as a visual fallback.