5 Pesos

Argentina's provinces regained the right to issue quasi-money during the economic crises of the late 1980s and 1990s, when federal transfers dried up and provincial governments could no longer meet payroll. Córdoba's emission was part of that broader wave of provincial cuasi-monedas — parallel currencies that circulated alongside the peso under convertibility, technically denominated as bonds or "letras de tesorería" to avoid constitutional conflicts with federal monetary authority.

These notes were accepted by provincial tax offices and state employers, which gave them enough forced circulation to function, though commercial acceptance was uneven and discounted rates in private exchange were common.