On one hand, the ongoing tension between Iran and Israel created an energy crisis in the world, the impact of which was seen on India. In such an environment, Argentina has emerged as a true friend of India. It has made record supply of LPG to India in the last 3 months. But do you know how much India trades with this country of South America and what is the value of Indian currency there? Let us tell you about it in detail.
Value of Indian Rupee in Argentina
Argentina is a country in South America where the currency is Argentine Peso. If we look at it in current terms, the value of one Indian rupee is equal to 0.067 pesos in Argentina. That means the Indian rupee is much stronger than the Argentine currency. One Indian rupee is equal to 15 Argentine currency. If we compare how much 1000 Indian rupees will be worth there, then the value of 1000 Indian Rupees today i.e. as on 25th March 2026 will be 14877.84 pesos i.e. about 15 thousand pesos.
LPG supply
Whenever there is a major military conflict in West Asia, its first impact is seen on the energy market and fuel prices. However, this time India has strengthened its options by preparing in advance. According to the latest data, Argentina has supplied 50,000 tonnes of LPG to India in the first three months of 2026 alone.
If we look at the figures for the entire year of 2025, this quantity was only 22,000 tonnes. This means that this time the supply has more than doubled in just three months. According to experts, just before the war broke out, about 39,000 tonnes of gas was sent to India from Argentina’s Bahia Blanca port. After this, recently on March 5, another gas cargo of 11,000 tonnes was sent to India.
Trade between India and Argentina
Now Argentina is no longer just an emergency energy supplier for India, but is rapidly emerging as an important economic partner in South America. In recent times, there has been a significant increase in trade between the two countries. Bilateral trade during January to November 2025 reached $6.34 billion with a strong growth of 36.77%.
At present, India has become Argentina’s fifth largest trading partner and major exporter. Soybean and sunflower oil, which are used in everyday cooking in India, are also imported on a large scale from Argentina. Apart from this, India also imports grains, pulses, finished leather and many essential chemicals from there in large quantities.
Also read- Stock market moved under Trump’s leadership, investors earned Rs 6 lakh crore in minutes