1 ARS to PEN | Argentine Peso to Nuevo Sol

Learn how to get the best Argentine Peso exchange rate before exchanging your money

The Argentine Peso is the official Argentine Peso currency. ARS/PEN represents the value of Argentine Peso money in Nuevo Sol money and it is called the 'exchange rate' or 'forex rate'. This exchange rate from Argentine Peso to Nuevo Sol is today at 0.004.

As an example, suppose you are from Lima Peru and you travel to Buenos Aires Argentina. There, you need to get 1000 Argentine Pesos ( $) at a Buenos Aires bank to pay your hotel. In this case you would pay 0.004 * 1000 = 3.657 Nuevo Sols (S/.). But, in practice, you will pay more (or perhaps much more) to get the same amount of your foreign currency due to the margin for the money conversion services costs like: commissions, credit card surcharges, ATM fees and other expenses. If, for example, you are using a credit card, this margin will typically be around 2 to 3 percent. We recommend that you choose the best place to make your money exchange because there can be a large difference between forex rates you will get.

In the example above for a 1000 Argentine Pesos amount, the result of the money conversion is 3.730 PEN for a 2% margin or 3.767 PEN for a 3% margin.

Some Internet based foreign currency exchange agencies add 10 percent or even more. So, if you make the same calculations above, there will be a difference of about 0.366 PEN depending on which forex bank or agency you choose to exchange your money. So, that's why we advise you to seek the best place to get the best fx rates for your upcoming money transfer/exchange. The only way to know what is the best exchange rate is to know what the current rate is. You can easily accomplish this by using periodically our currency converter above to get an idea of what forex rate to expect.

Note: If you use our currency converter, you only need to choose the amount of margin in its drop-down list and have an estimate of how much you will pay to get the desired amount.

By the way: there are some notations for this currency pair like ARS-PEN or ARSPEN among others. The currency symbol for Argentine Peso is ($) while the currency symbol for Nuevo Sol is (S/.). Note also that the Argentina country code is ARG or AR. The Peru country code is PER or PE