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50 Pesos with 'DECRETO-LEY' on Obverse
| Issuer | Banco Central de la República Argentina |
|---|---|
| Year | 1974-1975 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | 50 BANCO CENTRAL DE LA REPUBLICA ARGENTINA CINCUENTA PESOS DECRETO-LEY No 18.188/69 GERENTE GENERAL PRESIDENTE (Translation: 50 Central Bank of the Argentine Republic Fifty Pesos Decree-Law No. 18,188/69 General Manager President) |
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| Reverse lettering | REPUBLICA ARGENTINA CINCUENTA PESOS 50 JUJUY - TERMAS DE REYES CASA DE MONEDA DE LA NACION (Translation: Argentine Republic Fifty Pesos 50 Jujuy - Thermal Baths of the Kings National Mint) |
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| Comments |
The "DECRETO-LEY" overprint on this note marks the legislative mechanism used by the military-civilian transitional government to enact the 1973 monetary reforms without a sitting congress. Argentina's repeated reliance on decree-law authority during the early 1970s reflected the constitutional instability of the Peronist restoration period — Perón himself returned from exile in June 1973 after eighteen years, died in office in July 1974, and was succeeded by Isabel Martínez de Perón, under whose administration inflation accelerated sharply past 300% annually by 1975.
The overprint distinguishes this from otherwise identical printings of the same series lacking that text — a detail that matters for accurate period attribution.