5 Axarquillos La Axarquía

The Axarquía is a comarca in the mountains east of Málaga, and from the late 1980s onward a handful of its municipalities and local merchants experimented with complementary currency systems — part barter revival, part regional identity exercise. This 5 Axarquillos note was issued by a private individual rather than a cooperative or municipal body, which is unusual even within that already irregular tradition. Antonio Gámez Burgos operated out of Alquería del Gamal, a small village in the Axarquía interior, and the currency's acceptance would have been entirely dependent on personal trust networks.

The Axarquillo as a unit never achieved the organised backing that sustained better-known Spanish local currencies of the same period.