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1.000 Chachos (=1.000 Pesos)

Issuer Gobierno de la Provincia de La Rioja
Year 2024
Type Local banknote
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Obverse lettering 1.000
CHACHOS
BONO DE CANCELACIÓN DE DEUDA
AL PORTADOR
LEY 10.703
Ricardo Clemente Quintela
Gobernador
LA RIOJA GOBIERNO
SERIE A
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Reverse lettering 1.000
CHACHOS
AL PORTADOR
LEY 10.703
SERIE A
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Comments

La Rioja's chacho is among the most politically loaded subnational currencies in recent Argentine history. The province has issued quasi-money in various forms since the 2001–2002 collapse, but the 2024 revival — now branded with the chacho name, a reference to the 19th-century caudillo Ángel Vicente "Chacho" Peñaloza — coincides directly with Governor Quintela's public confrontation with the Milei administration over federal co-participation transfers. The note is, bluntly, a fiscal pressure instrument as much as a circulating medium.

The QR code is genuinely unusual for Argentine provincial scrip, suggesting at least nominal infrastructure for digital verification. Whether that system functions consistently in practice is another matter.