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50 000 Australes
| Issuer | Banco Central de la República Argentina |
|---|---|
| Year | 1989-1991 |
| Type | Log in to see details |
| Value | 50 000 Australes (50 000 ARA) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| 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 |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | At left center, a classical allegorical figure of Liberty (Progreso) is rendered in intaglio, seated and draped in robes, raising a torch in her right hand while resting her left arm on a shield bearing the Argentine coat of arms. The central field is dominated by an intricate multicolored guilloche rosette pattern surrounding the large numeral "50000" in dark outline. The denomination "Cincuenta Mil Australes" appears in a banner along the lower center, and "REPUBLICA ARGENTINA" runs vertically along the right margin. |
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| Signature(s) | Log in to see details |
| Protection type | Watermark |
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| Comments |
The 50,000 australes note exists because Argentina's monetary situation in the late 1980s was genuinely catastrophic. Annual inflation peaked at around 3,000% in 1989 — the year this note was introduced — forcing the Casa de Moneda to keep printing larger denominations just to keep pace with collapsing purchasing power. The austral itself had been introduced in 1985 specifically to replace the discredited peso, at a rate of 1,000 pesos per austral. It lasted less than a decade before being replaced in turn by the peso convertible in 1992.
Notes from the upper end of the austral series often show heavy circulation wear, a direct consequence of high-velocity spending during hyperinflationary episodes.