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| 正面描述 | The central vignette presents a uniformed general reviewing a military formation, flanked by the provincial coat of arms; the composition is executed in black intaglio over a pink and tan guilloche underprint. A bordered frame with decorative geometric underprint patterns encloses the denomination and issuing authority inscriptions. The serial number, expiry date, and legal references appear within the framing cartouche. |
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| 背面描述 | The reverse carries the full text of the provincial governor's authorizing decree, printed in dark violet letterpress on a pink guilloche underprint. Decorative rosette and geometric guilloche patterns occupy the left and right margins, framing the dense legal text. The decree reference DECRETO No 10.484-E-89 appears in the lower right corner. |
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Jujuy's provincial emergency notes of 1989 were born out of Argentina's catastrophic hyperinflation crisis — by mid-year, annual inflation had surpassed 3,000%, and the national government was essentially unable to maintain adequate cash supply to the provinces. Several Argentine provinces issued their own quasi-currency that year, locally called "patacones" or simply "bonos," to cover payroll and basic transactions when federal banknotes ran dry.
The Austral itself was already a failed rescue — introduced in 1985 to replace the Peso Argentino at 1,000 to one, it lasted barely six years before being swept away by the Peso in 1992. A provincial 500 Austral note issued in 1989 was, by the time it reached circulation, worth almost nothing in real terms.