20 Pesos

Argentina's provincial quasi-currencies — known broadly as "cuasimonedas" — proliferated in the late 1990s and early 2000s as provincial governments, starved of federal transfers and locked out of credit markets, began paying salaries and suppliers in locally issued scrip. Tucumán's series was among the earlier examples, preceding the full national collapse of December 2001 that turned this practice from a regional workaround into a near-universal one across Argentine provinces.

These notes circulated alongside federal pesos at nominal par but were routinely discounted in practice, particularly outside provincial borders. Tucumán's fiscal position at the time was notoriously strained, having already experienced a severe provincial crisis in the mid-1990s that required federal intervention.