World Paper Money Collect Banknotes for Pleasure and Profit
  • Aug
    19

    Argentine peso
    The peso (originally established as the nuevo peso argentino or peso convertible) is the currency of Argentina. Its ISO 4217 code is ARS, and the symbol used locally for it is $. It is divided into 100 centavos. The peso was also the name of several earlier currencies of Argentina.


    Argentina 10 centavos 1890 p 228 F VF
    Argentina 10 centavos 1890 p 228 F VF
    $29.00
    End Date: Sunday Feb-7-2016 9:39:22 PST
    Buy It Now for only: $29.00

    Argentina 50 Pesos ND 1968 69 Pick 276 AU+
    Argentina 50 Pesos ND 1968 69 Pick 276 AU+
    $8.00
    End Date: Sunday Feb-7-2016 9:41:21 PST
    Buy It Now for only: $8.00

    Argentina 2 Pesos ND 1997 2002 Pick 346 UNC
    Argentina 2 Pesos ND 1997 2002 Pick 346 UNC
    $7.00
    End Date: Sunday Feb-7-2016 9:51:23 PST
    Buy It Now for only: $7.00

    Argentina 1000000 pesos ND1981 83 P 310 UNC
    Argentina 1000000 pesos ND1981 83 P 310 UNC
    $5.50 (6 Bids)
    End Date: Sunday Feb-7-2016 10:12:50 PST

    Argentina 10 Australs 1985 1989 P 325b UNC
    Argentina 10 Australs 1985 1989 P 325b UNC
    $1.89
    End Date: Sunday Feb-7-2016 10:20:40 PST
    Buy It Now for only: $1.89

    ARGENTINA BANKNOTE 5 Pesos Pick 264d XF 1957
    ARGENTINA BANKNOTE 5 Pesos Pick 264d XF 1957
    $3.00
    End Date: Sunday Feb-7-2016 11:01:33 PST
    Buy It Now for only: $3.00

    ARGENTINA 1 PESO 1973 UNC BUT AUNC UNC 15 PCS CONSECUTIVE LOT P287 SERIAL E
    ARGENTINA 1 PESO 1973 UNC BUT AUNC UNC 15 PCS CONSECUTIVE LOT P287 SERIAL E
    $10.79
    End Date: Sunday Feb-7-2016 11:04:50 PST
    Buy It Now for only: $10.79

    ARGENTINA BANKNOTE 100 Pesos Pick 315 UNC 1985
    ARGENTINA BANKNOTE 100 Pesos Pick 315 UNC 1985
    $2.00
    End Date: Sunday Feb-7-2016 11:09:08 PST
    Buy It Now for only: $2.00

    ARGENTINA 5 PESOS 1974 6 UNC 15 PCS LOT P 294 SERIAL B
    ARGENTINA 5 PESOS 1974 6 UNC 15 PCS LOT P 294 SERIAL B
    $11.25
    End Date: Sunday Feb-7-2016 11:14:21 PST
    Buy It Now for only: $11.25

    ARGENTINA BANKNOTE 100 Pesos Pick 297 AU 1975
    ARGENTINA BANKNOTE 100 Pesos Pick 297 AU 1975
    $3.00
    End Date: Sunday Feb-7-2016 11:16:45 PST
    Buy It Now for only: $3.00

    ARGENTINA 10 PESOS 1974 6 UNC LOT 15 PCS P 295
    ARGENTINA 10 PESOS 1974 6 UNC LOT 15 PCS P 295
    $12.60
    End Date: Sunday Feb-7-2016 11:17:57 PST
    Buy It Now for only: $12.60

    ARGENTINA BANKNOTE 100 Pesos Pick 302 XF+ 1977
    ARGENTINA BANKNOTE 100 Pesos Pick 302 XF+ 1977
    $2.00
    End Date: Sunday Feb-7-2016 11:25:15 PST
    Buy It Now for only: $2.00

    ARGENTINA 325b 1989 VG CIRC 1989 OLD 10 AUSTRALES BANKNOTE BILL NOTE MONEY
    ARGENTINA 325b 1989 VG CIRC 1989 OLD 10 AUSTRALES BANKNOTE BILL NOTE MONEY
    $0.80
    End Date: Sunday Feb-7-2016 11:32:52 PST

    Argentina 100 Australes Banknote
    Argentina 100 Australes Banknote
    $1.01
    End Date: Sunday Feb-7-2016 11:57:14 PST
    Buy It Now for only: $1.01

    Argentina 100 Australes Banknote
    Argentina 100 Australes Banknote
    $1.01
    End Date: Sunday Feb-7-2016 11:57:15 PST
    Buy It Now for only: $1.01

    Argentina 2 Pesos Banknote
    Argentina 2 Pesos Banknote
    $1.01
    End Date: Sunday Feb-7-2016 11:57:15 PST
    Buy It Now for only: $1.01

    Argentina 100 Australes 1990 Pick 327c UNC Banknote
    Argentina 100 Australes 1990 Pick 327c UNC Banknote
    $1.01
    End Date: Sunday Feb-7-2016 11:57:15 PST
    Buy It Now for only: $1.01

    ARGENTINA 20 PESOS 2010 UNC P 355  SERIES D
    ARGENTINA 20 PESOS 2010 UNC P 355 SERIES D
    $7.47
    End Date: Sunday Feb-7-2016 11:58:20 PST
    Buy It Now for only: $7.47

    ARGENTINA 2 PESOS ND 2010 Serie K P 352 Uncirculated Banknotes
    ARGENTINA 2 PESOS ND 2010 Serie K P 352 Uncirculated Banknotes
    $1.19
    End Date: Sunday Feb-7-2016 11:59:41 PST
    Buy It Now for only: $1.19

    ARGENTINA 10 PESOS ND 2011 Serie M P 354 Uncirculated Banknotes
    ARGENTINA 10 PESOS ND 2011 Serie M P 354 Uncirculated Banknotes
    $2.89
    End Date: Sunday Feb-7-2016 12:11:00 PST
    Buy It Now for only: $2.89

    ARGENTINA EMERGENCY BANKNOTE 2 Pesos UNC 2001 La Rioja
    ARGENTINA EMERGENCY BANKNOTE 2 Pesos UNC 2001 La Rioja
    $15.00
    End Date: Sunday Feb-7-2016 12:26:57 PST
    Buy It Now for only: $15.00

    ARGENTINA 10 Pesos 2001 2002 2003 Provincia CHACO Emergency Note P S NEW
    ARGENTINA 10 Pesos 2001 2002 2003 Provincia CHACO Emergency Note P S NEW
    $5.99
    End Date: Sunday Feb-7-2016 12:48:21 PST
    Buy It Now for only: $5.99

    1891 Argentina 5 Centavos Scarce signatures High Grade 1956
    1891 Argentina 5 Centavos Scarce signatures High Grade 1956
    $22.95
    End Date: Sunday Feb-7-2016 12:57:03 PST
    Buy It Now for only: $22.95

    ARGENTINA NEW DESIGN 20155 PESOSUNC GEMLOOK SUPER SCAN
    ARGENTINA NEW DESIGN 20155 PESOSUNC GEMLOOK SUPER SCAN
    $0.99
    End Date: Sunday Feb-7-2016 13:31:15 PST



    « Previous12345

    History of Argentinian Banknotes
    The Argentine Peso Fuerte, 1826–1881
    In 1826, two paper money issues began, denominated in pesos. One, the peso fuerte ($F) (ISO 4217: ARF) was a convertible currency, with 17 pesos fuertes equal to one Spanish ounce (27.0643 g) of 0.916 fine gold. This was changed in 1864 when the rate dropped to 16 pesos fuertes per gold ounce. It was replaced by the peso moneda nacional at par in 1881.

    Peso Moneda Corriente, 1826–1881
    The peso moneda corriente ($m/c) was also introduced in 1826 but was an inconvertible currency. It started at par with the peso fuerte, but depreciated and was replaced in 1881 by the peso moneda nacional at a rate of 25 to 1.

    Peso Moneda Nacional, 1881–1969
    Although the Argentine Confederation issued 1, 2 and 4 centavo coins in 1854, with 100 centavos = 1 peso = 8 reales, Argentina did not decimalize until 1881. The peso moneda nacional (m$n or $m/n) (ISO 4217: ARM) replaced the earlier currencies at the rate of 1 peso moneda nacional = 8 reales = 1 peso fuerte = 25 peso moneda corriente. Initially, one peso moneda nacional coin was made of silver and known as patacon. However, the 1890 economic crisis ensured that no further silver coins were issued. At the beginning of the 20th century, the Argentine peso was one of the most traded currencies in the world.

    Peso Oro Sellado, 1881–1929
    The peso oro sellado (ISO 4217: ARG) was a convertible paper currency equal to 1.4516 grams of fine gold.

    Peso Ley, 1970–1983
    The peso ley 18.188 (ISO 4217: ARL) (called simply the peso ley), replaced the previous currency at a rate of 1 peso ley = 100 pesos moneda nacional.

    Peso Argentino, 1983–1985
    The peso argentino ($a) (ISO 4217: ARP), replaced the previous currency at a rate of 1 peso argentino to 10,000 peso ley. The currency was born soon after the arrival of democracy. However, soon after it lost its purchasing power too after a number of devaluations which ended up with its substitution by a new currency called Austral in June 1985.

    Austral, 1985–1991
    The austral (the symbol was an uppercase A with an extra horizontal line) (ISO 4217: ARA), replaced the peso argentino at a rate of 1 austral = 1000 pesos. During the period of circulation of the austral, Argentina suffered from hyperinflation. The last months of President Raul Alfonsín's period in office in 1989 saw prices move up constantly (200% in July alone), with a subsequent fall in the value of the currency. Emergency notes were issued (worth 10,000, 50,000 and 500,000 australes) and provincial administrations issued their own currency for the first time in decades. The value of the currency was stabilized soon after President Carlos Menem was elected.

    Peso Convertible, 1992–present
    The current peso (ISO 4217: ARS) 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 financial crisis of 2001, the fixed exchange rate system was abandoned.

    No Comments