Catalog
See full images - free registration
Continue with Google - no registration!
or register with email
Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!
5 Pesos Convertibles de Curso Legal 2nd issue
| Issuer | Banco Central de la República Argentina |
|---|---|
| Year | 1998-2003 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | P#347 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DE LA REPUBLICA ARGENTINA CINCO PESOS CONVERTIBLES DE CURSO LEGAL (Translation: Central Bank of the Argentine Republic Five Pesos Convertible of Legal Tender) |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Watermark, Security thread |
| Protection description | Log in to see details |
| Variants | Log in to see details |
| Comments |
The "Convertibles de Curso Legal" designation on this note is inseparable from Argentina's Convertibility Law of 1991, which pegged the peso one-to-one with the US dollar and legally mandated that every peso in circulation be backed by dollar reserves. The phrasing was statutory, not promotional — it appeared on notes by legal requirement.
This second issue ran through the final years of the peg before the December 2001 corralito froze bank accounts and the convertibility regime collapsed in January 2002. Notes from the tail end of the 1998–2003 print run circulated through one of the worst sovereign debt defaults in history.