Current banknotes and coins

Executive Order 2,128 dated October 10, 1991, established that the peso line (currency symbol: $) entered into effect as from January 1, 1992. The conversion rate was set at one peso ($1)/ten thousand australes (A10,000).

Banknotes are 155 mm x 65 mm in size. They are made of 100% cotton fiber, with a weight of 83 g/m2 and no fluorescent sensitivity to UV light. Printing is carried out in three consecutive stages using typographic, intaglio and offset printing systems.

After five years of being launched, some changes were made to this line to improve: engraving, paper quality (90 g/m2), and the cylinder mould watermark that reproduces the portrait appearing in the same direction.

Section 3 of Law 25,561 on Public Emergency and Exchange Rate Regime Reform, dated January 6, 2002, repeals Sections 1 and 2 of the Law on the Austral Convertibility ordering the removal of the phrase “convertibles de curso legal” (convertible legal tender) from the banknotes of the peso line.

All banknotes printed with the legend “convertibles de curso legal” (convertible legal tender) remain in circulation and may be used as means of payment.