Currency in circulation in Argentina from 1881 to 1992: peso moneda nacional (Law 1,130 amended by Law 3,871 dated November 5, 1881); peso Ley (Law 18,188 dated January 1, 1970); peso argentino (Executive Order 22,707 dated June 1, 1983); austral (Executive Order 1,096 dated June 15, 1985).
Table of contents
Peso
Executive Order 2,128 and Law on Convertibility
01/01/1992
Austral
Executive Order 1,096
06/15/1985
Peso argentino
Executive Order 22,707
06/01/1983
Peso Ley
Law 18,188
01/01/1970
Peso moneda nacional
Law 1,130, amended by Law 3,871
11/05/1881
Executive Order 2,128 dated October 10, 1991, established that the peso entered into effect as from January 1, 1992. The conversion rate was set at one peso (1 $)/ten thousand australes (10,000 A).
Pesos were convertible into US dollars, at a rate of one peso/one dollar. This rate was established in accordance with Law 23,928 on the Austral Convertibility dated March 27, 1991. The banknotes issued at that time had a legend that read: “convertibles de curso legal” (convertible legal tender).
This monetary line features updated designs in its denominations, which led to the demonetization of the original 1992 issue.
Executive Order 1,096 dated June 14, 1985, established the austral (A) as the monetary unit, effective as from June 15, 1985.
The conversion rate between this line and the peso Ley monetary line was set at 1 A/1,000 $a. (**)
Coins
| Denomination | Issuance | Ceased to be legal tender | Demonetization |
|---|---|---|---|
| 1/2 cent | 09/23/1985 | 12/31/1991 | 03/01/1992 |
| 1 cent | 09/23/1985 | 12/31/1991 | 03/01/1992 |
| 5 cents | 09/23/1985 | 12/31/1991 | 03/01/1992 |
| 10 cents | 10/14/1985 | 12/31/1991 | 03/01/1992 |
| 50 cents | 10/14/1985 | 12/31/1991 | 03/01/1992 |
| 1 A | 03/27/1989 | 12/31/1991 | 03/01/1992 |
| 5 A | 05/22/1989 | 12/31/1991 | 03/01/1992 |
| 10 A | 06/26/1989 | 12/31/1991 | 03/01/1992 |
| 100 A | 11/28/1990 | 10/31/1993 | 12/31/1993 |
| 500 A | 11/01/1990 | 10/31/1993 | 12/31/1993 |
| 1,000 A | 11/28/1990 | 10/31/1993 | 12/31/1993 |
Banknotes
| Denomination | Issuance | Ceased to be legal tender | Demonetization |
|---|---|---|---|
| 1 A | 10/31/1985 | 10/31/1991 | 12/31/1991 |
| 5 A | 03/28/1986 | 10/31/1991 | 12/31/1991 |
| 10 A | 12/30/1985 | 10/31/1991 | 12/31/1991 |
| 50 A | 06/23/1986 | 12/31/1991 | 03/01/1992 |
| 100 A | 11/25/1985 | 06/01/1992 | 09/30/1992 (*) |
| 500 A | 05/02/1988 | 06/01/1992 | 09/30/1992 (*) |
| 1,000 A | 09/30/1988 | 06/01/1992 | 09/30/1992 (*) |
| 5,000 A | 05/26/1989 | 10/01/1992 | 12/31/1992 |
| 10,000 A (P) | 07/31/1989 | 08/31/1991 | 10/31/1991 |
| 10,000 A (D) | 08/25/1989 | 10/01/1992 | 12/31/1992 |
| 50,000 A (P) | 06/02/1989 | 08/31/1991 | 10/31/1991 |
| 50,000 A (D) | 11/08/1989 | 01/02/1993 | 03/31/1993 |
| 100,000 A | 05/21/1990 | 01/02/1993 | 03/31/1993 |
| 500,000 A (P) | 07/02/1990 | 10/31/1991 | 12/31/1991 |
| 500,000 A (D) | 11/01/1990 | 01/02/1993 | 01/15/1993 |
(*) Exchange postponed until November 30, 1992.
(**) The coins and banknotes of this line have been demonetized and cannot be exchanged for the line in force.
(P) Provisional banknotes (peso argentino series with clarifying stamp of its denomination in australes).
(D) Definitive banknotes (austral series).
Executive Order 22,707 established the peso argentino ($a) as the monetary unit, effective as from June 1, 1983.
The conversion rate between this line and the peso Ley monetary line was set at 1 $a/10,000 $ Ley. (**)
Coins
| Denomination | Issuance | Ceased to be legal tender | Demonetization |
|---|---|---|---|
| 1 cent | 07/01/1983 | 07/19/1985 | 10/11/1985 |
| 5 cents | 06/01/1983 | 07/19/1985 | 10/11/1985 |
| 10 cents | 01/06/1983 | 19/07/1985 | 11/10/1985 |
| 50 cents | 06/01/1983 | 07/19/1985 | 10/11/1985 |
| 1 $a | 07/06/1984 | 19/07/1985 | 11/10/1985 |
| 5 $a | 12/03/1984 | 07/31/1991 | 09/30/1991 |
| 10 $a | 12/03/1984 | 07/31/1991 | 09/30/1991 |
| 50 $a | 05/31/1985 | 07/31/1991 | 09/30/1991 |
Banknotes
| Denomination | Issuance | Ceased to be legal tender | Demonetization |
|---|---|---|---|
| 1 $a | 06/01/1983 | 07/19/1985 | 10/11/1985 |
| 5 $a | 06/01/1983 | 05/31/1987 | 12/01/1987 |
| 10 $a | 01/06/1983 | 31/05/1987 | 01/12/1987 |
| 50 $a | 06/01/1983 | 05/31/1987 | 12/01/1987 |
| 100 $a | 01/06/1983 | 05/31/1987 | 12/01/1987 |
| 500 $a | 05/22/1984 | 05/31/1987 | 12/01/1987 |
| 1,000 $a | 10/31/1983 | 11/30/1987 | 07/01/1988 |
| 5,000 $a | 11/29/1984 | 11/30/1987 | 07/01/1988 |
| 10,000 $a | 04/03/1985 | 11/30/1987 | 07/01/1988 |
By means of Law 18,188 dated April 5, 1969, the peso Ley 18.188 ($ Ley) was established as the monetary unit, effective as from January 1, 1970. The conversion rate between this line and the peso moneda nacional monetary line was set at 1 $ Ley/100 m$n. (**)
Coins
| Denomination | Issuance | Ceased to be legal tender | Demonetization |
|---|---|---|---|
| 1 cent | 01/01/1970 | 10/31/1979 | 12/28/1979 |
| 5 cents | 05/18/1970 | 10/31/1979 | 12/28/1979 |
| 10 cents | 12/01/1970 | 10/31/1979 | 12/28/1979 |
| 20 cents | 05/18/1970 | 10/31/1979 | 12/28/1979 |
| 50 cents | 01/01/1970 | 10/31/1979 | 12/28/1979 |
| 1 $ Ley | 10/01/1974 | 01/02/1984 | 03/30/1984 |
| 5 $ Ley | 04/12/1976 | 02/01/1984 | 03/30/1984 |
| 10 $ Ley | 07/12/1976 | 01/02/1984 | 30/03/1984 |
| 50 $ Ley | 01/08/1978 | 02/01/1984 | 03/30/1984 |
| 100 $ Ley | 08/01/1978 | 01/02/1984 | 03/30/1984 |
Banknotes
| Denomination | Issuance | Ceased to be legal tender | Demonetization |
|---|---|---|---|
| 1 $ Ley | 01/30/1970 | 04/01/1981 | 04/01/1982 |
| 5 $ Ley | 11/24/1971 | 04/01/1981 | 04/01/1982 |
| 10 $ Ley | 09/01/1970 | 04/01/1981 | 04/01/1982 |
| 50 $ Ley | 03/015/1972 | 04/01/1981 | 04/01/1982 |
| 100 $ Ley | 02/15/1971 | 04/01/1981 | 04/01/1982 |
| 500 $ Ley | 11/30/1972 | 04/02/1984 | 06/29/1984 |
| 1,000 $ Ley | 11/27/1973 | 04/02/1984 | 06/29/1984 |
| 5,000 $ Ley | 12/12/1977 | 04/02/1984 | 06/26/1984 |
| 10,000 $ Ley | 10/25/1976 | 07/19/1985 | 10/11/1985 |
| 50,000 $ Ley | 02/19/1979 | 07/19/1985 | 10/11/1985 |
| 100,000 $ Ley | 11/01/1979 | 07/19/1985 | 10/11/1985 |
| 500,000 $ Ley | 07/28/1980 | 19/07/1985 | 10/11/1985 |
| 1,000,000 $ Ley | 11/25/1981 | 07/19/1985 | 10/11/1985 |
Coins
| Denomination | Issuance | Ceased to be legal tender | Demonetization |
|---|---|---|---|
| 1 cent | 1882 | 04/21/1959 | 01/02/1960 |
| 2 centavos | 1882 | 04/21/1959 | 01/02/1960 |
| 5 cents | 1896 | 01/31/1965 | 07/01/1965 |
| 10 cents | 1896 | 01/21/1966 | 07/01/1966 |
| 20 cents | 1896 | 01/31/1967 | 04/01/1967 |
| 50 cents | 1941 | 01/31/1969 | 03/29/1978 |
| 1 m$n | 1957 | 10/01/1974 | 03/29/1978 |
| 5 m$n | 1961 | 04/12/1976 | 03/29/1978 |
| 10 m$n | 1962 | 07/12/1976 | 03/29/1978 |
| 25 m$n | 1964 | 07/12/1976 | 03/29/1978 |
Banknotes
| Denomination | Issuance | Ceased to be legal tender | Demonetization |
|---|---|---|---|
| 50 cents (1) | 05/19/1942 | 12/31/1960 | 12/31/1962 |
| 50 cents (2) | 02/27/1950 | 12/31/1960 | 12/29/1962 |
| 1 m$n (1) | 1935 | 12/31/1960 | 12/29/1962 |
| 1 m$n (2) | 03/29/1952 | 12/31/1960 | 12/29/1962 |
| 5 m$n (1) | 11/28/1935 | 01/31/1965 | 07/01/1965 |
| 5 m$n (2) | 05/23/1960 | 01/31/1965 | 01/31/1975 |
| 10 m$n (1) | 03/17/1936 | 01/31/1965 | 07/01/1965 |
| 10 m$n (2) | 01/02/1943 | 01/31/1965 | 01/31/1975 |
| 50 m$n (1) | 09/10/1936 | 03/30/1968 | 07/01/1975 |
| 50 m$n (2) | 01/02/1943 | 07/01/1975 | 203/29/1978 |
| 100 m$n (1) | 08/14/1936 | 03/30/1968 | 07/01/1975 |
| 100 m$n (2) | 12/23/1943 | 07/01/1975 | 03/29/1978 |
| 500 m$n (1) | 12/21/1944 | 03/30/1968 | 07/01/1975 |
| 500 m$n (2) | 11/25/1964 | 07/01/1975 | 03/29/1978 |
| 1,000 m$n | 12/21/1944 | 07/01/1975 | 03/29/1978 |
| 5,000 m$n | 10/04/1962 | 07/01/1975 | 03/29/1978 |
| 10,000 m$n | 12/18/1961 | 07/01/1975 | 03/29/1978 |
(1) First design
(2) Second design