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100 Pesos Convertibles de Curso Legal 1st issue

Issuer Banco Central de la República Argentina
Year 1992-1997
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Currency Peso convertible (1992-date)
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Obverse description Intaglio portrait of General Julio Argentino Roca at right, turned three-quarters to the left, with his name inscribed in small lettering below the likeness. The large multicolour denomination numeral '100' occupies centre-left, set against a guilloche underprint in pink, violet, and green, flanked by a floral vignette in yellow and violet tones and a green ornamental motif. Two facsimile signatures appear at lower centre, with the titles VICEPRESIDENTE and PRESIDENTE printed beneath them.
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Protection description Portrait of Julio Argentino Roca visible when the note is held to light; Embedded thread running vertically through the paper.
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This note is a product of the Convertibility Plan, which pegged the Argentine peso 1:1 to the US dollar from April 1991 — a monetary straitjacket that initially crushed hyperinflation but eventually collapsed in the crisis of 2001-2002. The "Convertibles de Curso Legal" wording was legally mandated by the Convertibility Law itself, requiring all currency to declare its dollar-backed status on the face of the note.

The two series A signature varieties are distinguished solely by the rosette pattern at right — fine or coarse — a detail that matters to specialists but was never officially announced as a deliberate variant. Casa de Moneda's quality control during this period was inconsistent enough that such differences occasionally crept through unplanned.

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