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INR to ARS: Indian Rupee to Argentine Peso

Live INR to ARS exchange rate today - 1 INR equals 15.9441 ARS, with an instant two-way converter for Indian Rupee to Argentine Peso.

Today's INR to ARS Exchange Rate

1 INR = 15.944100 ARS

1 ARS = 0.0627 INR

Updated: September 3, 2026 ยท Source: Frankfurter API (blended central bank reference rates)

Currency Converter

1.00 Indian Rupee =

15.9441 Argentine Peso

Last updated: September 3, 2026

This INR to ARS rate is sourced from the Frankfurter exchange rate API, which aggregates reference rates from central banks and financial data providers. Rates on this page are refreshed daily and reflect the mid-market exchange rate (the midpoint between buy and sell prices), rather than the retail rate offered at a bank or currency exchange counter.

Use the calculator above to convert any amount both ways: enter a value in either the INR box or the Argentine Peso (ARS) box to see the live conversion instantly.

Related Data

What is INR (Indian Rupee)?

A managed float, not pegged to any other currency - the RBI lets the market set its value but occasionally buys or sells dollars to smooth out sharp swings.

Key Facts

  • ISO code: INR
  • Symbol: โ‚น
  • Subunit: 100 paise = 1 rupee
  • Issued by: Reserve Bank of India (RBI)

What is ARS (Argentine Peso)?

Argentina lifted most of its long-standing currency controls (the 'cepo cambiario') in April 2025 and moved to a floating exchange-rate band in January 2026, replacing years of multiple, widely diverging official and unofficial rates with a single, closer-to-market rate.

Key Facts

  • ISO code: ARS
  • Symbol: $
  • Subunit: 100 centavos = 1 peso
  • Issued by: Banco Central de la Rep\xC3\xBAblica Argentina (BCRA)

Why Does the INR/ARS Exchange Rate Change?

The INR/ARS rate moves every trading day, driven mainly by:

  • Argentina's 2026 floating exchange-rate band system - the central bank adjusts the band's floor and ceiling monthly based on official inflation, a major shift from the fixed-crawl and multiple-rate systems used in prior years.
  • The April 2025 removal of most currency controls (the 'cepo cambiario'), which converged the previously wildly different official, MEP and 'blue dollar' rates to within a few percent of each other.
  • Argentine inflation, historically among the highest of any major economy and still a dominant force on the peso's value.
  • Argentina's foreign currency reserves and its relationship with the IMF, a recurring feature of Argentine economic policy for decades.
  • Political developments and investor confidence in Argentina's economic reform program.
  • RBI intervention and rupee-side factors.

Frequently Asked Questions

Does Argentina still have multiple exchange rates for the Peso?

Much less than it used to. Argentina removed most of its currency controls in April 2025, and the official rate, the MEP rate and the informal 'blue dollar' rate have since converged to within a few percent of each other - a major change from years of dramatically different rates existing side by side.

Is the Argentine Peso pegged to the US Dollar?

No. Since January 2026, Argentina has used a floating exchange-rate band that the central bank adjusts monthly based on inflation, letting the peso move within that band rather than fixing it at one rate.

Is this the bank rate or forex rate?

It's the mid-market rate, the midpoint between the buy and sell price on the global currency market, with no margin added. Banks, forex counters and card networks add their own markup on top, so the rate you're actually charged when exchanging cash or paying by card abroad will differ, usually by 1 to 4 percent in their favor.

How often is the rate updated?

Once a day, refreshed at 7:00 AM IST from the Frankfurter API.

Where do these rates come from?

Frankfurter (frankfurter.dev), a free exchange-rate API that blends official reference rates from multiple central banks rather than relying on a single source.

Can I use this rate for an actual currency conversion?

Use it as a reference for roughly what you should be getting, not as the exact rate you'll receive. An actual transaction, a bank transfer, cash exchange, or a card payment abroad, goes through your bank or exchange provider's own rate, which includes their margin and any transaction fees.

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