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1 Peso
| Issuer | Gobierno de la Provincia de San Juan |
|---|---|
| Year | 1995 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Peso convertible (1992-date) |
| Composition | Log in to see details |
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| Obverse description | The provincial coat of arms of San Juan is positioned to the left, with a guilloche underprint in light blue and pink covering the entire field. A dotted outline map of the province occupies the centre, flanked to the right by a large numeral "1" set within a diamond-shaped red and blue vignette against a patterned background. Two signature lines appear at the lower right, attributed to the Minister of Economy, Public Works and Services and the Governor. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | DECRETO ACUERDO N° 0059/95 Artículo 1°... (Translation: DECREE AGREEMENT No. 0059/95 Article 1°...) |
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| Comments |
San Juan's provincial currency issues of the 1990s were a direct product of Argentina's convertibility crisis pressures, specifically the fiscal stranglehold that left interior provinces unable to meet payroll obligations in federal pesos. San Juan, like Tucumán, La Rioja, and several others, turned to quasi-moneda — provincial bonds denominated as peso equivalents and forced into circulation as wage payments. These notes were accepted at parity in theory; in practice, local merchants routinely discounted them.
The S2651 catalog reference places this within the documented provincial emergency series. Redemption was patchy, and a meaningful number of these notes were never presented for conversion before the programs wound down.