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20 Australes
| Issuer | Banco de la Provincia de Buenos Aires |
|---|---|
| Year | 1985 |
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| Shape | Rectangular |
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| Obverse description | Red on pink underprint. The face of this mortgage savings deposit certificate is dominated by a central guilloche underprint in pale rose and cream, with the denomination ₳20 printed in large bold numerals at left and right flanking the centrepiece legend VEINTE AUSTRALES. The issuer's name BANCO DE LA PROVINCIA DE BUENOS AIRES runs vertically at the left margin alongside the bank's monogram device, while a geometric logo vignette appears at the right margin; two manuscript signatures of bank officials appear below the central text block, above the guarantee and legal clauses. |
|---|---|
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| Reverse lettering | RECIBI CONFORME LA SUMA DE AUSTRALES VEINTE (₳ 20) CON MAS SUS INTERESES DEVENGADOS HASTA LA FECHA DEL PRESENTE PAGO SEGUN SELLO DE CAJA. FIRMA (Translation: I received in accordance the sum of Twenty Australes (₳ 20) with its interest accrued until the date of this payment according to the bank stamp. Signature) |
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| Comments |
The Banco de la Provincia de Buenos Aires — not to be confused with Argentina's central bank — is one of the oldest banking institutions in Latin America, founded in 1822. By 1985 it was issuing its own provincial notes denominated in australes, the currency Argentina had just introduced to replace the peso argentino at a rate of 1,000 to 1. That conversion itself was a direct response to inflation already running above 600% annually.
The austral lasted barely seven years before hyperinflation consumed it too, replaced in turn by the convertible peso in 1992.