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10 Pesos Convertibles de Curso Legal 1st issue
| Issuer | Banco Central de la República Argentina |
|---|---|
| Year | 1992-1997 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | BANCO CENTRAL DE LA REPUBLICA ARGENTINA DIEZ PESOS CONVERTIBLES DE CURSO LEGAL MANUEL BELGRANO VICEPRESIDENTE PRESIDENTE (Translation: Central Bank of the Argentine Republic Ten Pesos Convertible of Legal Tender Manuel Belgrano Vice President President) |
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| Variants | P#342a - series A, B P#342b(1) - series B, C, D P#342b(2) - series E |
| Comments |
This note belongs to the first peso convertible series issued after Argentina's Convertibility Law of April 1991, which pegged the peso 1:1 to the U.S. dollar and explicitly prohibited the central bank from printing money beyond its hard currency reserves. The design series was Casa de Moneda's first major domestic production run under those constraints — the printing house could no longer expand supply on political demand alone.
Pick 342 ran across a notably long window for a first issue, surviving intact through nearly the entire convertibility period before the peso's catastrophic collapse in late 2001 finally forced a redesign and, eventually, the end of the peg itself.