50 Centavos

The Banco Central de la República Argentina issued this denomination during a stretch when Perón's government was intervening heavily in the currency supply — the early 1950s saw Argentina's money stock expand rapidly under wage-driven inflationary pressure, and small-denomination notes like this one were being produced in vast quantities to keep pace with everyday transaction demand. By mid-decade the 50-centavo note was barely functional in real purchasing terms.

Casa de Moneda printed the entire series domestically, part of a broader push during the Perón years to reduce dependence on foreign security printers. The offset process used here was a step down from the intaglio work that had characterized earlier Argentine issues.