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100 000 Australes

Issuer Banco Central de la República Argentina
Year 1991
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Size 155 × 65 mm
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Obverse lettering BANCO CENTRAL DE LA REPUBLICA ARGENTINA CIEN MIL AUSTRALES JOSE EVARISTO URIBURU
(Translation: Central Bank of the Argentine Republic Hundred thousand Australes José Evaristo Uriburu)
Reverse description A classical allegorical figure of Liberty (Progreso), robed and seated at left center, holds a torch aloft in her right hand and rests her left arm on a shield, set within an elaborate radiating guilloche pattern in gold and green tones. The denomination numeral 100,000 appears at upper center-right in large intaglio print. The legend "Cien Mil Australes" is printed at lower right, with "REPUBLICA ARGENTINA" running vertically along the right border.
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The 100,000 Australes note is the clearest artifact of Argentina's hyperinflationary collapse under the Austral currency system. Introduced in 1985 as a stabilization measure — with one Austral replacing 1,000 Pesos Argentinos — the Austral itself disintegrated within six years. By 1991, inflation had exceeded 3,000% annually at its worst, forcing denominations that would have seemed absurd at launch.

The Austral was replaced by the Peso Convertible in January 1992 at a rate of 10,000 Australes to one Peso, rendering this note worth one cent. P#337 sits at the very top of the denomination ladder — no higher Austral value was ever issued.

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