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    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 5000 PESOS P318 UNC NOTE 1984
    ARGENTINA 5000 PESOS P318 UNC NOTE 1984
    $5.87
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    ARGENTINA N D 1990 BANK NOTE 500 AUSTRALES Comes in a Protective Sleeve
    ARGENTINA N D 1990 BANK NOTE 500 AUSTRALES Comes in a Protective Sleeve
    $3.99
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    ARGENTINA 100 PESOS ND 2003 2009 P 357 SERIES K UNC
    ARGENTINA 100 PESOS ND 2003 2009 P 357 SERIES K UNC
    $47.99
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    Argentina P 281 10000 Pesos 1967 1969 VF
    Argentina P 281 10000 Pesos 1967 1969 VF
    $17.00
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    Argentina 5 Pesos ND 2003 UNC Pick 353 H Serie 2013
    Argentina 5 Pesos ND 2003 UNC Pick 353 H Serie 2013
    $1.99
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    ARGENTINA 500 AUSTRALES 1988 UNC BUT AUNC UNC 5 PCS LOT 328a SERIAL A
    ARGENTINA 500 AUSTRALES 1988 UNC BUT AUNC UNC 5 PCS LOT 328a SERIAL A
    $3.35
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    Argentina 20 Pesos ND 2003 UNC Pick 355 E Serie 2013
    Argentina 20 Pesos ND 2003 UNC Pick 355 E Serie 2013
    $6.79
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    Argentina 10 Pesos ND2003 UNC Pick 354 N serie 2012
    Argentina 10 Pesos ND2003 UNC Pick 354 N serie 2012
    $3.79
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    ARGENTINA SET 10 PCS 1 1000 AUSTRAL PESOS ND 1976 1988 P 301 329 UNC NR
    ARGENTINA SET 10 PCS 1 1000 AUSTRAL PESOS ND 1976 1988 P 301 329 UNC NR
    $7.29
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    ARGENTINA 500 AUSTRALES 1990 P 328 AUNC ABOUT UNC LOT 15 PCS NR
    ARGENTINA 500 AUSTRALES 1990 P 328 AUNC ABOUT UNC LOT 15 PCS NR
    $9.99 (1 Bid)
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    Argentina 10 Pesos ND P 289 B UNC
    Argentina 10 Pesos ND P 289 B UNC
    $3.00
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    Argentina 1 Peso ND P 293 E UNC
    Argentina 1 Peso ND P 293 E UNC
    $2.00
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    Argentina 500 Pesos ND P 303a A UNC
    Argentina 500 Pesos ND P 303a A UNC
    $2.00
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    ARGENTINA 10 PESOS P 354 RA REPLACEMENT UNC LOT 3
    ARGENTINA 10 PESOS P 354 RA REPLACEMENT UNC LOT 3
    $19.99
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    Argentina 500 Pesos ND P 303b C UNC
    Argentina 500 Pesos ND P 303b C UNC
    $2.00
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    ARGENTINA 100 PESOS ND 2011 P 357 NEW T SERIES BRAZIL PRINT UNC
    ARGENTINA 100 PESOS ND 2011 P 357 NEW T SERIES BRAZIL PRINT UNC
    $48.99
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    Argentina  P 309  500000 Pesos  ND1980 83  UNC
    Argentina P 309 500000 Pesos ND1980 83 UNC
    $8.00
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    Banknotes Argentina Argentina 500 Pesos Argentinos type San Martin
    Banknotes Argentina Argentina 500 Pesos Argentinos type San Martin
    $8.00
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    Argentina 1000 Australes ND 1988 1990 P 329d UNC Liberty
    Argentina 1000 Australes ND 1988 1990 P 329d UNC Liberty
    $0.99
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    ARGENTINA AUST 100 P 327c 1990 UNC K 141 2847 2 PCS
    ARGENTINA AUST 100 P 327c 1990 UNC K 141 2847 2 PCS
    $1.69
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    ARGENTINA AUSTRALES 5000 ND 1989 P 330 UNC RARE O 33
    ARGENTINA AUSTRALES 5000 ND 1989 P 330 UNC RARE O 33
    $27.50
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    Argentina 1 Pesos 1983 1985 year BrandNew Banknotes
    Argentina 1 Pesos 1983 1985 year BrandNew Banknotes
    $0.99
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    ARGENTINA BANCO DE LONDRES Y RIO DE LA PLATA CORDOBA NOTE 1 REAL 1869 P S1722
    ARGENTINA BANCO DE LONDRES Y RIO DE LA PLATA CORDOBA NOTE 1 REAL 1869 P S1722
    $135.99
    End Date: Wednesday May-27-2015 9:40:03 PDT

    ARGENTINA TUCUMAN PROVIDENCE 1991 AUSTRAL BANKNOTE NOTE
    ARGENTINA TUCUMAN PROVIDENCE 1991 AUSTRAL BANKNOTE NOTE
    $0.99
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    History of Argentinian Banknotes
    The Argentine Peso Fuerte, 1826–1881
    In 1826, two paper money issues began, denominated in pesos. One, the peso fuerte ($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.

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