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500 000 Pesos
| Issuer | Banco Central de la República Argentina |
|---|---|
| Year | 1980-1982 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Casa de Moneda, Argentina |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DE LA REPUBLICA ARGENTINA QUINIENTOS MIL PESOS (Translation: Central Bank of the Argentine Republic, Five Hundred Thousand Pesos) |
| Reverse description | Log in to see details |
| Reverse lettering | REPUBLICA ARGENTINA QUINIENTOS MIL PESOS (Translation: Argentine Republic, Five Hundred Thousand Pesos) |
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| Comments |
The 500,000 peso denomination existed because Argentina's inflation during this period made it necessary — by 1982, annual inflation was running above 200%, and the peso moneda nacional had already been replaced by the peso ley in 1970 (at 100:1), which was itself being replaced by the peso argentino in 1983 (at 10,000:1). This note belongs to the peso ley series in its terminal phase, when denominations that would have been unthinkable a decade earlier were routine.
Casa de Moneda's output during this period was under pressure, and the watermark is the sole mechanical security feature — modest for a note of this face value.