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20 Pesos Convertibles de Curso Legal 1st issue

Uitgever Banco Central de la República Argentina
Jaar 1992-1997
Type Log in om details te zien
Waarde Log in om details te zien
Valuta Peso convertible (1992-date)
Samenstelling Log in om details te zien
Afmetingen Log in om details te zien
Vorm Log in om details te zien
Drukker Log in om details te zien
Ontwerper(s) Log in om details te zien
Graveur(s) Log in om details te zien
In omloop tot Log in om details te zien
Referentie(s) Log in om details te zien
Beschrijving voorzijde Right-centre portrait of Juan Manuel de Rosas in military dress uniform, his name inscribed beneath in small lettering. To the left, the large numeral '20' in blue and red over a multicolour guilloche underprint, with a floral vignette at lower left. Two facsimile signatures appear below the denomination, captioned 'VICEPRESIDENTE' and 'PRESIDENTE', with a blue rosette security motif to the right of the portrait.
Opschrift voorzijde Log in om details te zien
Beschrijving keerzijde Log in om details te zien
Opschrift keerzijde Log in om details te zien
Handtekening(en) Log in om details te zien
Beveiligingstype Log in om details te zien
Beschrijving beveiliging Log in om details te zien
Varianten P#343b(1) - series A, B
P#343b(2) - series B
Opmerkingen

This note belongs to the first peso convertible series launched under the Convertibility Plan of April 1991, in which Carlos Menem's government pegged the Argentine peso one-to-one with the US dollar by law — a radical break from decades of chronic devaluation and hyperinflation that had, by 1989, reached an annualized rate exceeding 3,000 percent. The Casa de Moneda in Buenos Aires produced the entire run domestically, a deliberate political choice given earlier dependence on foreign printers.

The convertibility regime held through multiple regional crises before collapsing spectacularly in December 2001, when Argentina froze bank deposits in the "corralito" and the peg was abandoned. Notes from this first issue were gradually withdrawn as redesigned emissions entered circulation through the mid-1990s.

MISSCHIEN OOK INTERESSANT