20 Pesos

Corrientes issued its own provincial currency — the Corriente — starting in 1991 as the national government's fiscal austerity program squeezed provincial budgets. These quasi-monies, legally framed as "bonds" to sidestep constitutional restrictions on provincial note issue, circulated as de facto currency in local commerce when peso liquidity dried up. Corrientes was among the most persistent issuers, continuing well past the point where most provinces had wound down their programs.

The 2000 series appeared during the final, politically turbulent years of the convertibility regime, roughly three years before it collapsed entirely. Federal intervention in Corrientes province — imposed in late 1999 over a fiscal crisis — adds an awkward dimension to notes still bearing provincial authority.