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500 Pesos

Issuer Banco Central de la República Argentina
Year 2016-2022
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Currency Peso convertible (1992-date)
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Obverse lettering QUINIENTOS PESOS BANCO CENTRAL DE LA REPÚBLICA ARGENTINA YAGUARETÉ MONUMENTO NATURAL NACIONAL
(Translation: Five hundred Pesos Central Bank of the Argentine Republic Jaguar Natural national monument)
Reverse description The central vignette presents a detailed intaglio landscape of the Yungas cloud forest with lush tropical vegetation, a river, and a jaguar cub in the foreground at lower left; a full-grown jaguar is visible in the middle distance. To the right, a latent-image map of Argentina's continental mainland is rendered in fine-line guilloche, accompanied by the national coat of arms and a compass rose. Paw-print motifs and pink floral underprint elements frame the composition throughout.
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Argentina's chronic inflation made the 500 peso note's useful life remarkably short. Introduced in 2016 as the highest denomination in the new "Peso" series that replaced the Peso Convertible notes, it was already struggling to maintain practical relevance within a few years as annual inflation routinely exceeded 50 percent and then surged past 100 percent. The note was never going to last long in purchasing power terms.

Casa de Moneda in Buenos Aires has printed Argentine currency domestically for well over a century, though the institution has periodically relied on foreign contractors during periods of exceptional demand — this series was produced in-house throughout.