1 Valor Menem

The "Valor Menem" designation is not an official denomination — it's the nickname collectors and the Argentine public attached to the 1 Peso notes issued during the Convertibility Plan, the rigid currency peg that locked the peso 1:1 with the US dollar from 1991 until its catastrophic collapse in 2001–2002. Ciccone Calcografica, a Buenos Aires intaglio printer with a long and occasionally troubled history in Argentine banknote production, handled this issue domestically rather than contracting abroad, which was itself a deliberate assertion of local printing capacity under the Menem administration.

Ciccone would later become notorious for its involvement in a counterfeiting scandal tied to Venezuelan bolivar notes, but that came years after this series.