The derivation of exospheric temperature from satellite drag measurements is based on an assumption of invariant conditions of the neutral atmosphere at 120 km. Since it has been established that atomic oxygen, which is usually the major neutral constituent in the region of drag measurements, is subject to considerable variability with season, latitude, and solar and geomagnetic activity in the altitude region of 120 km, its value as an indicator of exospheric temperature is questionable. Ogo 6 neutral mass spectrometer measurements revealed that molecular nitrogen is a better indicator of exospheric temperature, since it is not subject to changes caused by eddy mixing and is therefore relatively less variable near the turbopause. However, theoretical arguments show that argon, even through it is a minor constituent, is relatively less variable with respect to changes in eddy diffusion coefficient and hence a better indicator of exospheric temperature than O and N2. In this paper the relative merits of these gases for deriving exospheric temperature are investigated by using observational data from the Aeros-A Nate experiment. It is shown that the temperatures derived from Ar and N2 are very close to each other and show very similar seasonal, latitudinal, and day to night variations under both quiet and moderately disturbed conditions.