What is the currency in Argentina? Argentine Peso, currency of Argentina

Currency sign: Arg$

ISO4217 code: ARS 032

The Argentine Peso is the currency of the state of Argentina. In the past, Argentina's currency was also called the "peso", now previous issues pesos have other names (national currency peso, Law No. 18188 peso, Argentine peso, etc.). The modern currency of Argentina was introduced after the abolition of the Austral in 1992. The peso exchange rate fluctuated around 3 pesos per US dollar from 2002 to 2008, and is around 4 pesos from 2009 to 2011. In order to maintain the peso exchange rate, there were periodic purchases of US dollars by the Central Bank.

In circulation there are banknotes in denominations of 100, 50, 20, 10, 5 and 2 pesos, coins in denominations of 1, 2 and 5 pesos, as well as coins in denominations of 50, 25, 10, 5 and 1 centavo.

Argentine peso coins

In the center of the obverse of the coin is the official motto of Argentina "EN UNION Y LIBERTAD" "In Union and Freedom", framed by a laurel wreath

In the center of the obverse of the coin is the “May Sun” (symbol of the Inca god Inti), above the sun there is an inscription in Spanish “REPUBLICA ARGENTINA” - Argentine Republic, below is written the official motto of Argentina “EN UNION Y LIBERTAD” - “In Union and Freedom”

In the center of the obverse of the coin is the coat of arms of the Argentine Republic.

In the center of the obverse of the coin is the City Hall of Buenos Aires

In the center of the obverse of the coin is the "House of Independence" in the city of Tucuman

On the reverse of the coin, on the outer ring, the denomination is indicated in Spanish in words at the top, and the date of minting is indicated at the bottom; on the inner disk is a copy of the design of the reverse of the first Argentine coins minted in 1813, on which around the circumference is the inscription in Spanish “PROVINCIAS DEL RIO DE LA PLATA” - “Provinces of the Rio de la Plata”, and in the center is the “Sun of May”.

In the center of the obverse of the coin there is a copy of the design of the obverse of the first Argentine coins minted in 1813, on which around the circumference there was an inscription in Spanish "EN UNION Y LIBERTAD·PTS·J·8S" the motto "In Union and Freedom", and in the center was the coat of arms of the Provinces Rio de la Plata. On the outer ring of the obverse there is an inscription in Spanish at the top "REPUBLICA ARGENTINA" Argentine Republic, at the bottom there is an inscription in Spanish "PRIMERA MONEDA PATRIA" - the first currency of the country.

Argentine peso bills

2 Argentine pesos- on the obverse of the banknote there is a portrait of B. Miter

2 Argentine pesos- on the reverse of the banknote there is a picture of the B. Miter Museum

5 Argentine pesos- the obverse of the banknote depicts a portrait of José de San Martin

5 Argentine pesos- on the reverse of the banknote there is a fragment of the monument of glory in Mendoza

10 Argentine pesos- the obverse of the banknote depicts a portrait of Manuel Belgrano

10 Argentine pesos- the reverse of the banknote depicts the Monument to the Banner in Rosario

20 Argentine pesos- the obverse of the banknote depicts a portrait of Juan Manuel de Rosas

20 Argentine pesos- on the reverse of the banknote is depicted sea ​​battle under Obligado

50 Argentine pesos- on the obverse of the banknote there is a portrait of Domingo Faustino Sarmiento

50 Argentine pesos- the reverse of the banknote shows the government building

100 Argentine pesos- the obverse of the banknote depicts a portrait of Julio Roca

100 Argentine pesos- the reverse of the banknote depicts riders who arrived in new territories

The official currency is Argentine Peso, international ARS code (ISO 4217), numeric code 032. The symbol is a little confusing because it is exactly the same as the US dollar symbol, $, so should not be confused. 1 Argentine peso, traditionally for most countries, is equal to 100 centavos. Monetary emission is regulated by the Central Bank of the Republic of Argentina (Spanish: Banco Central de la República Argentina).

One of the most unstable currencies in South America, although with a fairly (comparatively) high purchasing power. Current rate can be found in the “Currency Converter” block in the right column of the site (on mobile devices- at the bottom of the page).

Banknotes in circulation are in denominations of 2, 5, 10, 20, 50, 100, 500 and 1000 pesos; and coins in denominations of 1, 2 and 5 pesos, as well as 1, 5, 10, 25 and 50 centavos.

The US dollar is in almost universal circulation, albeit semi-officially.

A little history

The first money appeared in Argentina with the arrival of Europeans, from the beginning of the 16th century. Here, imported Spanish silver and gold coins were widely distributed: reals, ducats and quarts.

In 1573, in the Bolivian city, the Spaniards opened the first Royal Mint on the continent, where Macuquina coins began to be minted (Spanish Macuquina, from the Arabic “makuk” - “wrong”). Roughly minted
manually (with hammer blows), these had an irregular shape, which is where they got their name. According to the weight standard and metal content, silver makunins corresponded to 1, 2, 4 and 8 Spanish reals. Since 1665, gold makunins began to be minted, which were equivalent to 1, 2.4 and 8 escudos (1 escudo = 2 reals).

By 1815, with Independence from the Spanish Crown, there were mints in every Argentine province, and in 1822 the National Bank of Argentina was created.

(1829 – 1991)

In 1829, with the coming to power of the dictator Juana Manuel de Rosasa(Spanish: Juan Manuel de Rosas) the first Argentine banknotes were issued - Peso fuerte(Pesos fuertes, $F), which lasted until 1881.

They were replaced Peso Moneda Nacional(Peso moneda nacional, m$n). In 1899, the National Bank adopted the international “gold standard”; in 1929, it was decided to abandon the link to the gold-currency equivalent.

Due to a weakened economy and constantly growing hyperinflation, by 1970 it was decided to create a new national currency - Peso leu 18.188 (Peso ley 18.188, $L).

However, the new currency could not change the situation in the country; by 1983, the National Bank announced devaluation, “removing zeros,” and in fact the creation of a new currency Peso Argentino(Peso Argentino, $a). 1 Argentine peso was equivalent to 10,000 lei.

The matter did not end there; in 1985, the President (Spanish: Raúl Alfonsín) renamed the Argentine peso to Austral(Austral), whose nominal value was initially even higher than the US dollar. However, after a few months, the austral devalued significantly, losing most of its value.

(1991–present)

And finally, in 1991, President Carlos Menem (Spanish: Carlos Saúl Menem) adopted a law on free convertibility, creating a new currency - New peso(Nuevos pesos, $), with the equivalent of 1 peso = 10,000 AUD, or 1 peso = 1$ USD.

After the severe political and economic crisis of 2001, the peso was devalued by 236.25% (by 2002, 1$USD = 3.3625 pesos).

In the last 15 years, despite the policy of the Banco Nacional to contain the exchange rate, the Argentine peso has experienced several more powerful devaluations: as of March 2016, $1 USD = 15 pesos, i.e. During this period of time, the Argentine peso lost about 90% of its nominal value (oh, how familiar we all are, isn’t it?).

Current banknotes

During the existence of the new pesos, their design was subject to changes several times: as many as 3 series of banknotes were released, and by the second half of 2016, the release of the 4th series is expected, which will be fundamentally different from the previous three.

Today the following banknotes can be found in circulation:

2 pesos (DOS PESOS)- a red-blue banknote depicting a portrait of the President of Argentina from 1862 to 1868. – Bartolome Mitro (Spanish: Bartolomé Miter) on the obverse (obverse); The reverse (back side) is decorated with an image of the house-museum named after. Bartolome Miter in Buenos Aires.

Banknote series 2 issue

5 pesos (CINCO PESOS)

Episode 2: green banknote, on the obverse the memory of the hero in the struggle for the independence of Argentina is honored, and - the general (Spanish: José de San Martín); The reverse side depicts the Monument to the Heroes of the Andean Army (Spanish: Ejército de los Andes), located on the top of the mountain Cerro de la Gloria (Spanish: Cerro de la Gloria) in the city of Mendoza.

Episode 3: the obverse still depicts General José de San Martin, as well as a small silhouette of a monument to the Army of the Andes, of which he was commander-in-chief; on the reverse, 4 heroes of the national liberation war of South American countries from the Spanish Crown are honored: , (Spanish: Simón Bolívar), (Spanish: José Artigas) and (Spanish: Bernardo O’Higgins).

Banknotes of both series are in circulation.

10 pesos (DIEZ PESOS)– a yellow-brown banknote with a portrait of an Argentine economist, military and political figure (Spanish: Manuel Belgrano) on the obverse; depicted on the reverse side National Flag Memorial(Spanish: Monumento a la Bandera) in the city where the flag of Argentina was first raised (by Manuel Belgrano).

Is a series 2 banknote; Episode 3 has not yet been released into circulation.

20 pesos (VEINTE PESOS)

Series 2: red banknote, on the front side of which an outstanding military and political figure, governor (1835-1852) is depicted - Juan Manuel de Rosas(Spanish: Juan Manuel de Rosas), his daughter is depicted in the background Manuela Robustiana de Rosas(Spanish: Manuela Robustiana de Rosas), popularly called Manuelita; the reverse side shows a fragment of the battle Vuelta de Obligado(Vuelta de Obligado) during the Anglo-French blockade.

Series 4: pink banknote issued on October 3, 2017. The obverse depicts one of the largest living mammals - Lama Guanaco, and the reverse depicts endless expanses.

50 pesos (CINCUENTA PESOS)

Episode 2: yellow-gray banknote with images of a portrait of the President of Argentina from 1868 to 1874. Domingo Sarmiento(Spanish: Domingo Faustino Sarmiento) on the obverse; and the residence of the Argentine presidents - the “Pink Palace” (Spanish: Casa Rosada) on the reverse.

Episode 3: blue banknote, the obverse of which depicts the overseas territories of Great Britain, the ownership of which has been disputed by Argentina since 1938 - and, as well as the silhouette of an albatross, a bird that nests on the islands and giant brown algae (one of the types of local marine flora); the reverse side is decorated with the image of the famous Argentine rebel in the war with England (April 2 to June 14, 1982) for the Falkland Islands - gaucho Antonio Rivero (Spanish: Antonio El Gaucho Rivero), as well as the sunken Argentine Navy cruiser "General Belgrano" And military cemetery in the city of Darwin (Spanish: Cementerio de Darwin), where Argentine soldiers who died in this war are buried.

Series 4: blue banknote. The obverse depicts a soaring Andean condor, and the reverse depicts a mountain. The banknote was released into circulation on August 16, 2018.

100 pesos (CIEN PESOS)

Episode 2: lilac banknote with the image of a military and political figure, twice President of Argentina Julio Roca (Spanish: Julio Argentino Roca) on the obverse; and illustration “ Desert Conquest” (Spanish: Conquista del desierto) - a military campaign led by Julio Roca against the aggressive Indian tribes of Patagonia and the Western Pampas.

Episode 3: the banknote is the same lilac color, on the obverse, instead of Roca, the favorite of all Argentines, the second wife of the 29th and 41st President of Argentina, the first lady of the country and “national legend” (Spanish: María Eva Duarte de Perón) is depicted, her profile is framed a wreath of kapok leaves and flowers, a symbol of Argentina's prosperity; on the reverse side there is a fragment from the Roman Altar of Peace (Ara Pacis Augustae), dedicated to the Roman goddess of peace Pax (thus the designer of the banknote emphasized the parallel between Evita and Pax).

Series 4: lilac banknote. The obverse bears an image of a high mountain Peruvian deer, living in; on the reverse - mountain Sierra de Famatina(Spanish: Sierra De Famatina).

Banknotes of series 3 and 4 are in circulation.

200 pesos (DOSCIENTOS PESOS)

Series 4: the banknote was issued in 2016. It has a blue-blue color. The obverse features an image of the Southern Whale. Representatives of this species live in large numbers off the coast of the Argentine “paradise for marine animals” - which is depicted on the reverse.

500 pesos (QUINIENTOS PESOS)- green banknote of the 4th series, issued in 2016. On the obverse there is an image of a jaguar, and on the reverse - the territory of the eastern foothills of the Andes in, and partly in Argentina - Yungas (Spanish: Yungas).

1000 pesos (MIL PESOS)- also a series 4 banknote issued in 2017. Color: yellow-orange. The obverse depicts a bird called A real stove maker(lat. Furnarius), the genus of which lives only in South America, incl. in Argentina, which are depicted on the reverse.

Current coins of Argentina

1 CENTAVO (1 centavo)– bronze coin with a diameter of 16.2 mm. The reverse features the Argentine motto “En Unión y Libertad” (translated as “In Union and Freedom”) within the Laurel (Spanish: Laurel), a triumphal crown made of laurel leaves. Weight: 1.77 g.

Minting: 1992-1993, 1997-2000

5 CENTAVO (5 centavo)– coin with a diameter of 17.2 mm made of an alloy of bronze and aluminum (1992-1993; 2004-2005); copper, nickel and zinc (1993-1995); steel with brass coating (2006-2011). The reverse depicts one of the national emblems of Argentina (and Uruguay) Sol de Mayo (Spanish: Sol de Mayo), a sun with 32 incandescent rays, depicting the Inca sun god Inti, as a symbol of well-being and prosperity. Weight: 2 g.

Mintage: 1992-1995, 2004-2011

10 CENTAVO (10 centavo)– coin with a diameter of 18.2 mm made of an alloy of bronze and aluminum (1992-1994; 2004-2006); steel with brass coating (2006-2011). The reverse side is decorated with the national coat of arms of Argentina. Weight: 2.25 g.

Minting: 1992-1994, 2006-2011

25 CENTAVO (25 centavo)– coin with a diameter of 24.2 mm made of an alloy of bronze and aluminum (1992-1993; 2009-2010); and copper, nickel and zinc (1993-1994; 1996). The reverse depicts the National Historical Museum of the Cabildo and (Spanish: Cabildo de Buenos Aires) in Buenos Aires. Weight: 6.1 g.

Minting: 1992-1994, 1996, 2009-2010

50 CENTAVO (50 centavo)– a coin with a diameter of 25.2 mm, made of an alloy of aluminum and bronze. The reverse is decorated Historical House of Independence in the city (Spanish: Casa de Tucumán), where the country's independence was proclaimed in 1810. Weight: 5.8 g.

Minting: 1992-1994, 2009-2010

$1 (1 peso)– bimetallic coin with a diameter of 23 mm. The core consists of white MNC (an alloy of copper, nickel and zinc), the hoop is made of copper and aluminum. The obverse features the emblem of Sol de Mayo, and the reverse features the coat of arms of Argentina. Weight: 6.35 g.

Minting: 1992-1994, 2006, 2010, 2013

$2 (2 pesos)– bimetallic coin with a diameter of 24.5 mm. The core is made of copper and aluminum, and the hoop is made of white MNC. The obverse and reverse depict logo of the Bicentennial of the May Revolution and the founding of the Republic of Argentina(Spanish: Bicentenario de Argentina), inside which the denomination of the coin and the Sol de Mayo emblem are imprisoned, respectively. Weight: 7.2 g.

(+20 points, 4 ratings)

Argentine Peso (ARS)- currency of Argentina. The symbol for the Argentine peso is the same as the dollar symbol ($). At the dawn of the 20th century, the Argentine peso was one of the most traded currencies in the world. Unfortunately, the next hundred years for Argentina were full of economic difficulties, during which time there were repeated periods of hyperinflation, and, ultimately, the Argentine currency became worthless.

The Argentine peso is divided into 100 centavos. There are banknotes in circulation in denominations of 2, 5, 10, 20, 50, and 100 pesos. Coins in circulation: 1, 2, and 5 pesos, as well as 1, 5, 10, 25, and 50 and centavos.

Argentine peso exchange rate

In the currency converter you can see the rate of the Argentine peso to the ruble, the rate of the Argentine peso to the dollar, and to the euro.

A Brief History of the Argentine Peso, History of the Currency of Argentina

Even before 1826, the Spanish eight-real coin then in use became known as the “peso.” After Argentina gained independence, new coins began to be used in the country: escudo, sol, and real. The coins continued to be used until 1881.

From 1881 to 1969, silver and gold peso coins were introduced. The gold coins were in denomination 2? and 5 pesos, silver - 5, 10, 20, and 50 centavos, and 1 peso. Also used copper coins in denominations of 1 and 2 centavos.

From 1970 to 1983, the “peso leu” began to be used instead of the previous peso. 1 peso leu was equal to 100 pesos nacional. From 1983 to 1985, the previous currency, the peso, was used. From 1985 to 1991, the Austral currency was used.

In 1992, the latest version of the peso was introduced, which international market called "convertible peso". The Argentine Central Bank set the exchange rate between the peso and the US dollar at a ratio of 1:1. After 2001, due to the financial crisis, the fixed exchange rate between the two currencies was broken, and since 2002 the exchange rate has fluctuated.

Banknotes and banknotes of Argentina, photo of the Argentine peso

Below are all currently issued banknotes of Argentina. For each banknote there is a photo of both the front and back sides.

Amount of Argentine Pesos	Front side	Reverse side
2 Argentine pesos
5 Argentine pesos
10 Argentine pesos
20 Argentine pesos
50 Argentine pesos
100 Argentine pesos

Other currencies of Argentina: Argentine Peso (ARS)

The currency of Argentina, a state of the South American continent, is represented by a monetary unit called the new Argentine peso, which is symbolized in international circulation as ARS. One Argentine peso is divided into 100 centavos. Cash circulation includes banknotes in denominations of 100 Argentine pesos, 50 Argentine pesos, 20 Argentine pesos, 10 Argentine pesos, 5 Argentine pesos and 2 Argentine pesos. Besides, Argentine currency It is also represented by coins in denominations of 1 Argentine peso, 2 Argentine pesos and 5 Argentine pesos, 50, 25, 10, 5 and 1 centavo. The US dollar is in almost universal circulation. When planning a trip to Argentina, it is best to purchase traveler's checks in US dollars; the Argentine peso exchange rate is the most favorable with it. In all Argentine banks and major shopping centers, in hotels and specialized exchange offices, Argentine currency can be exchanged without problems. Large retail outlets, hotels and restaurants accept American Express, Visa, Master Card and Eurocard credit cards. But in the provinces it is almost impossible to pay with them; here it is better to have Argentine pesos in stock. Most Argentine banks and Argentine exchange offices use a ticket system - instead of standing in line, the visitor receives a ticket with a number and then waits until the employee calls his number. This procedure takes quite a lot of time. The import and export of foreign and national (Argentine peso) currency is not limited. You should not change money on Argentine streets; it is better to use the services of street currency exchange offices. Argentine currency can only be exchanged officially in the country. In small Argentine towns it is quite difficult to exchange traveler's checks and exchange offices charge large commissions for this. Most establishments accept credit cards, but they often add a surcharge to the bill.

The Argentine Republic is located in South America and is one of the richest countries in the region. The shores of its eastern part are washed by the waters of the Atlantic Ocean, which is very attractive for tourists from the most different countries. The northwestern regions of the Andes are also popular among travelers, where you can go skiing and have a good rest. Tourists often ask questions about what currency is in Argentina and which ones are in use. It must be said that the American dollar always remains in circulation in the republic, especially if we're talking about about visiting major cities and tourist centers. In remote provincial areas it is necessary to have local money. Argentina's currency is called the New Argentine Peso. In the international currency market it is denoted by the three initial letters ARS. There are more small coins which are called centavos.

From the history of the country

The name of the state is translated from Latin as “silver”. This is very symbolic, because the Spaniards arrived in Argentina precisely to search for this metal. For a long time the country was under their yoke and only in 1816 it gained independence.

The beginning of the 20th century was the heyday of Argentina. European emigrants greatly enriched her and made her the richest on the continent. In 1976, power fell into the hands of a military junta. In 1983, a democratic system was established in the country, but the native Argentines remained under British rule. The economy of the state was greatly affected by the end of the twentieth century, from which Argentina was able to emerge only by 2006.

Denomination of banknotes and coins

The Argentine peso has a paper currency. There are also coins in circulation in denominations of one, two and five pesos. In the paper version there are bills of two, five, ten, twenty, fifty and one hundred pesos. In addition, there are coins in circulation in the country - centavos. One peso is one hundred centavos. Before the advent of modern money, Argentina's currency was called austral.

Coins in Argentina are made from various metals such as brass, aluminum bronze, copper, nickel and brass alloys, copper and nickel. The state has a coin that is made of the purest gold. It is called "Argentino" and has a denomination of one peso. On one side of the gold coin there is a coat of arms, and on the other a woman representing Argentina.

Paper bills are all the same size - 155 by 65 millimeters. They are made from paper consisting of cotton fiber. The Argentine currency has several degrees of protection, including

What does a peso look like?

The paper banknotes depict the most beautiful and significant places of the state, such as the Independence Monument, the Presidential Palace, the Miter Museum and the National Congress. On the opposite side are portraits of famous people in Argentina. Among them:

• Carlos Pellegrini. He was the vice president and president of Argentina. He became the founder of the bank and helped the country emerge from the economic crisis at the end of the 19th century.
• Juan Manuel de Rosas is a politician and head of the confederation in Argentina. He was one of the first dictators in Latin America. His image can be seen on the twenty-peso banknote.
• Julio Argentino Roca is a politician who took part in the pacification of the Indians, for which he gained authority in high circles. He was elected twice and successfully carried out his duties. His portrait appears on the one hundred pesos bill.
• Domingo Fuastino Sarmiento - military leader, ambassador to the United States and president of Argentina. His portrait appears on the fifty-peso bill.
• Manuel Belgrano - political figure of the late 18th - early 19th centuries. He was engaged in lawyering and was a famous general. Featured on the ten peso bill.
• José Francisco de San Martin is a national hero of Argentina. He led the resistance movement against the colonialists. Featured on the five-peso bill.

The history of the peso

Argentina's currency was called the old Argentine peso until 1985. As a result of the denomination, one thousand pesos were exchanged for one austral. The country experienced severe inflation, so the need for a new exchange arose. For ten thousand Australs they gave one new peso. A new exchange took place on the last day of 1991. To this day, the new Argentine peso remains in use.

Exchange rates

The state leadership adheres to a policy of controlled floating of exchange rates. Among Latin American countries, only Venezuela and Argentina follow this tactic. Currency whose rate for a long time was quite high Lately reduced by half. American dollars are also in free circulation in the country. The big one is done with Visa cards and others.

The exchange rate of the Argentine peso against the dollar is 1:9, and against the euro - 1:9.5. Recently, all major world currencies have fallen. This was also reflected in the Argentine peso.

Those who are planning to spend an unforgettable vacation in Argentina should not forget that this is a fairly expensive country. Until some time, even the Argentines themselves tried to go on vacation to cheaper countries such as the USA or Brazil.

For visitors, you will have to spend, according to the most conservative estimates, about five dollars per day for food, but on average, you will spend about fifty dollars per day on food. Housing prices range from ten to one hundred and fifty dollars per night. Argentina's currency is quite expensive, so tourists from the former Soviet Union do not always choose the country as a holiday destination.

Argentina has a two-tier pricing system. For the local population, everything costs less, but for visiting foreigners it is many times more expensive. Argentina's currency is not stable enough. The country is largely experiencing moments of inflation, like many other countries in modern world. However, the tourist flow to Argentina remains consistently high.