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50 Australes
| Issuer | Banco de la Provincia de Buenos Aires |
|---|---|
| Year | 1985 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Paper |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | The reverse is printed predominantly in blue and red on a white paper ground with an all-over guilloche wave underprint. A large red-ruled rectangular panel at centre carries the receipt text for payment of the sum of Australes Cincuenta plus accrued interest, with a FIRMA line for endorsement at lower right. A small geometric logo vignette in red and blue appears at the upper left corner of the panel. |
| Reverse lettering | RECIBI CONFORME LA SUMA DE AUSTRALES CINCUENTA (A 50) CON MAS SUS INTERESES DEVENGADOS HASTA LA FECHA DEL PRESENTE PAGO SEGUN SELLO DE CAJA. FIRMA |
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| Comments |
The Banco de la Provincia de Buenos Aires is the oldest bank in Argentina, predating the national central bank by decades, and its provincial note-issuing history is long and complicated. This 1985 austral-denominated issue, however, belongs to a very narrow window — the austral itself was only introduced in June 1985 as Alfonsín's emergency replacement for the peso argentino, with one austral exchanging at 1,000 pesos argentinos, a ratio that tells you everything about the inflationary damage that had preceded it.
Provincial issues running parallel to federal currency were legally permitted under Argentina's federal banking structure but grew politically contentious as hyperinflation accelerated through the late 1980s.