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1 Austral
| Issuer | Argentina |
|---|---|
| Year | 1989 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Austral (1985-1991) |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
| Shape | Log in to see details |
| Technique | Log in to see details |
| Orientation | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | REPUBLICA ARGENTINA CABILDO DE BUENOS AIRES |
| Reverse description | Log in to see details |
| Reverse script | Latin |
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| Edge | Log in to see details |
| Mint | Log in to see details |
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| Additional information |
The austral was introduced in June 1985 as part of the Austral Plan, an emergency stabilization program under President Alfonsín designed to arrest inflation that had already exceeded 1,000% annually. By 1989, the year this coin was struck, the plan had collapsed entirely — inflation hit roughly 3,000% and the country descended into hyperinflationary crisis so acute that Alfonsín resigned five months early, handing power to Menem ahead of schedule. A 1-austral coin in aluminium was, by any practical measure, functionally worthless the moment it left the mint.