All Issues

The current Argentine monetary line is the PESO CONVERTIBLE LINE (National Executive Decree Nº 2128 dated October 10, 1991, and Section 12 of the Convertibility Law, Nº 23,928 dated March 27, 1991).

Banknotes have a standard size of 155mm (width) and 65mm (height). They are manufactured with 100% cotton fibre paper weighing 83g/m2 which is non-fluorescent under UV light. They are printed in three consecutive stages using offset, intaglio and letterpress printing.

Five years from its issuance, some changes were made to this line, including improved engravings, a higher g/m2 ratio (90g/m2) paper, and the inclusion of a cylindrical mould watermark reproducing the banknote portrait in the same direction.

Monetary Unit	Legal Norm	Current From	Equivalence
Peso Moneda Nacional	Law Nº1130, modify by Law Nº3871	1881-1969	25 Pesos Moneda Corriente
Peso Ley	Law Nº 18188	1970-1983	100 Pesos Moneda Nacional
Peso Argentino	Executive Decree Nº 22707	1983-1985	10,000 Pesos Ley 18.188
Austral	Executive Decree Nº 1096	1985-1991	1,000 Pesos Argentinos
Peso Convertible	Executive Decree Nº 2128 and Convertibility Law	1992-Today	10,000 Australes

Peso Moneda Nacional

With the passing of Law 1130, modified by Law 3871 of November 4th 1899 the PESO MONEDA NACIONAL (m$n) was established as the Argentine monetary unit.

Coins

Denomination	Issue	End of legal circulation	Desmonetization
1 centavo	1882	21-APR-59	2-JAN-60
2 centavos	1882	21-APR-59	2-JAN-60
5 centavos	1896	31-JAN-65	1-JUL-65
10 centavos	1896	21-JAN-66	1-JUL-66
20 centavos	1896	31-JAN-67	1-APR-67
50 centavos	1941	31-JAN-69	29-MAR-78
1 m$n	1957	1-OCT-74	29-MAR-78
5 m$n	1961	12-APR-76	29-MAR-78
10 m$n	1962	12-JUL-76	29-MAR-78
25 m$n	1964	12-JUL-76	29-MAR-78

Banknotes

Denomination	Issue	End of legal circulation	Desmonetization
50 centavos	1942	31-DEC-60	31-DEC-62
1 m$n	1935	31-DEC-60	29-DEC-62
5 m$n	1935	31-JAN-65	1-JUL-65
10 m$n	17-MAR-36	31-JAN-65	1-JUL-65
50 m$n(1)	10-SEP-36	30-MAR-68	1-JUL-75
50 m$n(2)	2-JAN-43	30-SEP-68	29-MAR-78
100 m$n(1)	14-AUG-36	30-MAR-68	1-JUL-75
100 m$n(2)	23-DEC-43	30-SEP-68	29-MAR-78
500 m$n(1)	21-DEC-44	30-MAR-68	1-JUL-75
500 m$n(2)	25-NOV-64	30-SEP-68	29-MAR-78
1,000 m$n	21-DEC-44	1-JUL-75	29-MAR-78
5,000 m$n	4-OCT-62	1-JUL-75	29-MAR-78
10,000 m$n	18-DEC-61	1-JUL-75	29-MAR-78

(1) First design
(2) Second design

Peso Law

With the passing of the Law 18188, on April 5th 1969, current as from January 1st 1970, the PESO LEY 18.188 ($ ley) was established as the Argentine monetary unit.

The relation between this line and its predecessor, the Peso Moneda Nacional line, was 1 $Ley = 100 m$n.

Coins

Denomination	Issue	End of legal circulation	Desmonetization
1 centavo	1-JAN-70	31-OCT-79	28-DEC-79
5 centavos	18-MAY-70	31-OCT-79	28-DEC-79
10 centavos	1-JAN-70	31-OCT-79	28-DEC-79
20 centavos	18-MAY-70	31-OCT-79	28-DEC-79
50 centavos	1-JAN-70	31-OCT-79	28-DEC-79
1 $ Law	1-OCT-74	2-JAN-84	30-MAR-84
5 $ Law	12-APR-76	2-JAN-84	30-MAR-84
10 $ Law	12-JUL-76	2-JAN-84	30-MAR-84
50 $ Law	1-AUG-78	2-JAN-84	30-MAR-84
100 $ Law	1-AUG-78	2-JAN-84	30-MAR-84

Banknotes

Denomination	Issue	End of legal circulation	Desmonetization
1 $ Law	30-JAN-70	1-APR-81	1-APR-82
5 $ Law	24-NOV-71	1-APR-81	1-APR-82
10 $ Law	1-SEP-70	1-APR-81	1-APR-82
50 $ Law	15-MAR-72	1-APR-81	1-APR-82
100 $ Law	15-FEB-71	1-APR-81	1-APR-82
500 $ Law	30-NOV-72	2-APR-84	29-JUN-84
1,000 $ Law	27-NOV-73	2-APR-84	29-JUN-84
5,000 $ Law	12-DEC-77	2-APR-84	26-JUN-84
10,000 $ Law	25-OCT-76	19-JUL-85	11-OCT-85
50,000 $ Law	19-FEB-79	19-JUL-85	11-OCT-85
100,000 $ Law	1-NOV-79	19-JUL-85	11-OCT-85
500,000 $ Law	28-JUL-80	19-JUL-85	11-OCT-85
1,000,000 $ Law	25-NOV-81	19-JUL-85	11-OCT-85

Peso Argentino

By means of the Decree 22707 current from June 1st 1983, the PESO ARGENTINO ($a) established as the Argentine monetary unit.

The relation between this line and its predecessor, the Peso Ley line, was 1 $a = 10000 $ Ley.

Coins

Denomination	Issue	End of legal circulation	Desmonetization
1 centavo	1-JUN-83	19-JUL-85	11-OCT-85
5 centavos	1-JUN-83	19-JUL-85	11-OCT-85
10 centavos	1-JUN-83	19-JUL-85	11-OCT-85
50 centavos	1-JUN-83	19-JUL-85	11-OCT-85
1 $a	6-JUL-84	19-JUL-85	11-OCT-85
5 $a	3-DEC-84	31-JUL-91	30-SEP-91
10 $a	3-DEC-84	31-JUL-91	30-SEP-91
50 $a	31-MAY-85	31-JUL-91	30-SEP-91

Banknotes

Denomination	Issue	End of legal circulation	Desmonetization
1 $a	1-JUN-83	19-JUL-85	11-OCT-85
5 $a	1-JUN-83	31-MAY-87	1-DEC-87
10 $a	1-JUN-83	31-MAY-87	1-DEC-87
50 $a	1-JUN-83	31-MAY-87	1-DEC-87
100 $a	1-JUN-83	31-MAY-87	1-DEC-87
500 $a	22-MAY-84	31-MAY-87	1-DEC-87
1,000 $a	31-OCT-83	30-NOV-87	1-JUL-88
5,000 $a	29-NOV-84	30-NOV-87	1-JUL-88
10,000 $a	3-APR-85	30-NOV-87	1-JUL-88

Austral

By means of the Decree 1096 of June 14th 1985, current as from June 15th 1985, the AUSTRAL (A) was established as the Argentine monetary unit.

The relation between this line and its predecessor, the Peso Argentino line, was 1 A = 1000 $a.

Coins

Denomination	Issue	End of legal circulation	Desmonetization
1/2 centavo	23-SEP-85	31-DEC-91	1-MAR-92
1 centavo	23-SEP-85	31-DEC-91	1-MAR-92
5 centavos	23-SEP-85	31-DEC-91	1-MAR-92
10 centavos	14-OCT-85	31-DEC-91	1-MAR-92
50 centavos	14-OCT-85	31-DEC-91	1-MAR-92
1 A	27-MAR-89	31-DEC-91	1-MAR-92
5 A	22-MAY-89	31-DEC-91	1-MAR-92
10 A	26-JUN-89	31-DEC-91	1-MAR-92
100 A	28-NOV-90	31-OCT-93	31-DEC-93
500 A	1-NOV-90	31-OCT-93	31-DEC-93
1,000 A	28-NOV-90	31-OCT-93	31-DEC-93

Banknotes

Denomination	Issue	End of legal circulation	Desmonetization
1 A	31-OCT-85	31-OCT-91	31-DEC-91
5 A	28-FEB-86	31-OCT-91	31-DEC-91
10 A	30-DEC-85	31-OCT-91	31-DEC-91
50 A	23-JUN-86	31-DEC-91	1-MAR-92
100 A	25-NOV-85	1-JUN-92	30-SEP-92 (*)
500 A	2-MAY-88	1-JUN-92	30-SEP-92 (*)
1,000 A	30-SEP-88	1-JUN-92	30-SEP-92 (*)
5,000 A	26-MAY-89	1-OCT-92	31-DEC-92
10,000 A (P)	31-JUL-89	31-AUG-91	31-OCT-91
10,000 A (D)	25-AUG-89	1-OCT-92	31-DEC-92
50,000 A (P)	2-JUN-89	31-AUG-91	31-OCT-91
50,000 A (D)	8-NOV-89	2-JAN-93	31-MAR-93
100,000 A	21-MAY-90	2-JAN-93	31-MAR-93
500,000 A (P)	2-JUL-90	31-OCT-91	31-DEC-91
500,000 A (D)	1-NOV-90	2-JAN-93	15-JAN-93

(*) The change was postponed till November 30th 1992.
(P) Provisional bills (Argentine peso series with seal clarifying its denomination in australes).
(D) Definitive bills (austral series).

Peso Convertible

The peso (originally established as the nuevo peso argentino or peso convertible) is the currency of Argentina. The symbol used locally for it is $ (to avoid confusion, Argentines frequently use U$S to indicate U.S. dollars). It is divided into 100 centavos. The peso was also the name of several earlier currencies of Argentina.

The current peso replaced the austral at a rate of 1 peso = 10,000 australes. It was also referred to as peso convertible since the international exchange rate was fixed by the Central Bank at 1 peso = 1 U.S. dollar and for every peso convertible circulating, there was a U.S. dollar in the Central Bank's foreign currency reserves.

The end result of this replacement was that one peso convertible would be worth 10,000,000,000,000 (1013) pesos moneda nacional. However, after the economic debacle of 2001, the fixed exchange rate system was abandoned.

Coins

Denomination
1 centavo
5 centavos
10 centavos
25 centavos
50 centavos
1 peso

Banknotes

Denomination
2 $
5 $
10 $
20 $
50 $
100 $

Source: BCRA