Today's ARS to TRY Price Update

Summary

This report provides the real-time exchange rate between the Argentine Peso (ARS) and the Turkish Lira (TRY), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Argentine Peso (ARS) is the fiat currency of Argentina, while the Turkish Lira (TRY) is the fiat currency of Turkey. The exchange rate between them reflects the relative economic conditions, inflation dynamics, and monetary policy trajectories of both nations, serving as an important indicator for regional currency markets and cross-border trade.

Today’s Price

• 1 ARS = 0.0295 TRY
• 24h High: 0.029511 TRY
• 24h Low: 0.029449 TRY

Market Analysis

The ARS/TRY exchange rate shows minimal volatility over the 24-hour period, trading within a tight range of approximately 0.62 basis points between the daily high and low levels.

• Technical levels: Key support at 0.029449 TRY, resistance at 0.029511 TRY
• Risk note: Both currencies face structural economic challenges, which may contribute to continued volatility in emerging market currency pairs
• Trading opportunities: Monitor consolidation patterns near the current midpoint for potential directional breakouts

Conclusion

Continue to monitor the ARS/TRY pair closely, integrating regional economic developments and monetary policy decisions from both central banks. Given the narrow trading range observed, traders should remain alert for potential breakouts while maintaining disciplined risk management protocols.