Catalog
20 Pesos
| Issuer | Banco de la Nación Argentina |
|---|---|
| Year | 2006 |
| Type | Local banknote |
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|---|---|
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| Reverse description | The reverse is printed primarily in dark blue and carries the full legal text of Decreto 1004/01 authorising the Fondo Fiduciario para el Desarrollo Provincial to issue LECOP instruments, set out in three numbered articles over a fine guilloche underprint. A circular security vignette appears at right, and the serial number is repeated in red at lower right. The overall layout is typographic with no pictorial vignette, lending the note the appearance of a bond or fiscal document. |
| Reverse lettering | LETRAS DE CANCELACION DE OBLIGACIONES PROVINCIALES (LECOP) DECRETO 1004/01 Artículo 1° Artículo 2° Artículo 4° |
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| Comments |
Argentina's Casa de Moneda has printed domestic currency almost continuously since 1890, but the post-2001 peso series required a rapid rebuild of the entire note family after the convertibility collapse wiped out public trust in financial institutions overnight. The 20 peso denomination was among the workhorses of that recovery, circulating heavily through a period when cash transactions dominated precisely because bank accounts had become suspect.
Security on this issue is relatively minimal by contemporary standards — thread and watermark only, with no optically variable ink or microprinting — reflecting the production constraints and cost priorities of the mid-2000s recapitalization effort.