Argentine peso ley
This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Argentine_peso_ley".

Argentine peso ley peso ley argentino (Spanish)
ISO 4217 Code	ARL
User(s)	Argentina
Subunit
1/100	centavo
Symbol	$L
centavo	¢
Coins	1, 5, 10, 20 50 centavos, 1, 5, 10, 50, 100 pesos
Banknotes	1, 5, 10, 50, 100, 500, 1000, 5000, 10 000, 50 000, 100 000, 500 000, 1 000 000 pesos
Central bank	Banco Central de la República Argentina
Website	www.bcra.gov.ar
This infobox shows the latest status before this currency was rendered obsolete.

The peso ley 18.188 was the currency of Argentina between January 1, 1970 and May 5, 1983. It was subdivided into 100 centavos. Its symbol was $. Its name comes from the law number 18188, effective April 5, 1969. Its ISO 4217 code was ARL.

History

The peso ley replaced the peso moneda nacional at a rate of 100 to 1. It was itself replaced by the peso argentino at a rate of 10,000 to 1.

Coins

In 1970, coins were introduced in denominations of 1, 5, 10, 20 and 50 centavos. As inflation eroded the currency's value, higher denominations were introduced: 1 peso in 1974, 5 and 10 pesos in 1976, and 50 and 100 pesos in 1978.

Centavo

Peso

Banknotes

Banknotes were issued in the following denominations:

Obverse	Reverse	Value	Portrait	Back	Emission start date	Withdrawn
		1	Manuel Belgrano	Nahuel Huapi Lake	30 Jan 1970	1 Apr 1981
		5		National Flag Memorial in Rosario	24 Nov 1971
		10		Iguazu Falls	1 Sep 1970
		50	José de San Martín	Termas de Reyes (Jujuy)	15 Mar 1972
		100		Ushuaia	15 Feb 1971
		500		Cerro de la Gloria (Mendoza)	30 Nov 1972	2 Apr 1984
		1000		Plaza de Mayo (Buenos Aires)	27 Nov 1973
		5000		Mar del Plata	12 Dec 1977
		10,000		El Palmar National Park (Entre Ríos)	25 Oct 1976	19 Jul 1985
		50,000		Argentine Central Bank	19 Feb 1979
		100,000		National Mint House	1 Nov 1979
		500,000		Buenos Aires foundation	28 Jul 1980
		1,000,000		May Revolution	25 Nov 1981

References

External links

• Don's World Coin Gallery - Argentina
• Ron Wise's World Paper Money - Argentina ^{Mirror site}
• The Global History of Currencies - Argentina
• Global Financial Data data series - Argentina Peso
• Global Financial Data currency histories table ( Microsoft Excel format)

v • d • e Historical currencies of Argentina      Real R$A [—] 1813–1826 Peso fuerte (convertible) $F [ARF] 1826–1881 Peso moneda corriente $m/c [—] 1826–1881 Peso moneda nacional (convertible) $m/n [ARM] 1881–1969 Peso oro sellado (convertible to gold) $o/s [ARG] 1881–1929 Peso ley $L [ARL] 1970–1983 Peso argentino $a [ARP] 1983–1985 Austral A [ARA] 1985–1991 Peso (convertible) $AR [ARS] 1992–present