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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 5 Pesos Banknote World Money Currency S America BILL Replacement Note
    ARGENTINA 5 Pesos Banknote World Money Currency S America BILL Replacement Note
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    Argentina 500 1000 and 500 australes 1989 issue circulated condition banknotes
    Argentina 500 1000 and 500 australes 1989 issue circulated condition banknotes
    $2.99
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    ARGENTINA NOTE 20 CENTAVOS 1884 PICK3 AU
    ARGENTINA NOTE 20 CENTAVOS 1884 PICK3 AU
    $90.00
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    Argentina 500 Pesos VF CIR
    Argentina 500 Pesos VF CIR
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     Argentina ND 1000 Pesos UNC
    Argentina ND 1000 Pesos UNC
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    End Date: Saturday Apr-25-2015 18:53:54 PDT

     Argentina ND 5 Pesos UNC
    Argentina ND 5 Pesos UNC
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    End Date: Saturday Apr-25-2015 18:53:58 PDT

    Argentina 10 on 10000 P322 1985 Horse UNC Currency Money Latino 20 Note FreeShip
    Argentina 10 on 10000 P322 1985 Horse UNC Currency Money Latino 20 Note FreeShip
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     Argentina ND 10 Austreles On 10000 Peso
    Argentina ND 10 Austreles On 10000 Peso
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    End Date: Saturday Apr-25-2015 19:26:56 PDT

     Argentina ND One Austres AU
    Argentina ND One Austres AU
    $0.25 (3 Bids)
    End Date: Saturday Apr-25-2015 19:27:20 PDT

    ARGENTINA 1 PESO P260B 1952 1955 COMMEMORATIVE JUSTICE SWORD SCALE USED BANKNOTE
    ARGENTINA 1 PESO P260B 1952 1955 COMMEMORATIVE JUSTICE SWORD SCALE USED BANKNOTE
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    ARGENTINA 2 PESOS P352 2002 2012 K SERIES MUSEUM UNC BILL MONEY LATINO BANK NOTE
    ARGENTINA 2 PESOS P352 2002 2012 K SERIES MUSEUM UNC BILL MONEY LATINO BANK NOTE
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    Lot 10 PCS Banknotes Argentina 2 Pesos 2002 UNC
    Lot 10 PCS Banknotes Argentina 2 Pesos 2002 UNC
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    Lot 10 PCS Banknotes Argentina 50 Pesos 1974 1975 UNC
    Lot 10 PCS Banknotes Argentina 50 Pesos 1974 1975 UNC
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    ARGENTINA 1000 PESOS P274c 1955 SAILING SHIP UNC LATINO CURRENCY NOTE Free Ship
    ARGENTINA 1000 PESOS P274c 1955 SAILING SHIP UNC LATINO CURRENCY NOTE Free Ship
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    Argentina 5 Centavos 1891 P209
    Argentina 5 Centavos 1891 P209
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    ARGENTINA NOTE CORDOBA 5 PESOS 1889 SIGNED RARE VF
    ARGENTINA NOTE CORDOBA 5 PESOS 1889 SIGNED RARE VF
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    ARGENTINA NOTE LOTTERY 1920 XF
    ARGENTINA NOTE LOTTERY 1920 XF
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    ARGENTINA 5 PESOS ND 2002 P 353 SERIES E UNC
    ARGENTINA 5 PESOS ND 2002 P 353 SERIES E UNC
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    Argentina EVITA 2x 100 pesos bill banknote currency paper money RARE GEM UNC
    Argentina EVITA 2x 100 pesos bill banknote currency paper money RARE GEM UNC
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    Lot 10 PCS Banknotes Argentina 100 Pesos 1985 UNC
    Lot 10 PCS Banknotes Argentina 100 Pesos 1985 UNC
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    Lot 10 PCS Banknotes Argentina 1000 Pesos 1976 1983 UNC
    Lot 10 PCS Banknotes Argentina 1000 Pesos 1976 1983 UNC
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    Lot 10 PCS Banknotes Argentina 5 Australs 1986 1989 UNC
    Lot 10 PCS Banknotes Argentina 5 Australs 1986 1989 UNC
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    Lot 10 PCS Banknotes Argentina 1 Pesos 1983 1985 UNC
    Lot 10 PCS Banknotes Argentina 1 Pesos 1983 1985 UNC
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    Lot 10 PCS Banknotes Argentina 50 Pesos 1983 1985 UNC
    Lot 10 PCS Banknotes Argentina 50 Pesos 1983 1985 UNC
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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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