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50.000 Chachos (=50.000 Pesos)

Issuer Gobierno de la Provincia de La Rioja
Year 2024
Type Local banknote
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Obverse lettering 50.000
CHACHOS
COMO DE CANCELACIÓN (LA RIOJA)
AL PORTADOR
LEY 10.703
Ricardo Clemente Quintela
Gobernador
LA RIOJA GOBIERNO
SERIE A
Reverse description The reverse is rendered in pink and red tones on a light guilloche ground. A central rectangular vignette presents a landscape view of a rural building or station set against a mountain range, executed in fine intaglio line work. To the left, a circular medallion contains a portrait bust in profile. At upper right, the denomination '50.000 CHACHOS' is repeated in bold text with the legends 'AL PORTADOR' and 'LEY 10.703'. The serial number runs vertically along the right margin, and 'SERIE A' appears at lower right. A stylized script logo appears at lower left.
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Comments

La Rioja's "Chacho" notes are provincial emergency currency — a parallel scrip system the province uses to pay public sector wages when transfers from the federal government are delayed or insufficient. The unit is named after Ángel Vicente Peñaloza, the 19th-century caudillo known as "El Chacho," a pointed piece of regional identity politics embedded directly in the denomination name. These notes are not legal tender in the strict national sense; they circulate by provincial decree and are accepted for local taxes and utility payments.

Ricardo Quintela's signature places this squarely in his second gubernatorial term. The QR code is a relatively recent addition to the series, introduced partly to combat the counterfeiting that plagued earlier, lower-value Chacho emissions.

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