The Central Bank reported that the new bill The $10,000 will begin to circulate in May and the $20,000 will be on the streets before the end of the year.
“With these new denominations we will seek to simplify the use of cash in transactions,” it was reported.
The exit to the street, as planned, was ratified by the directors of the Central Bank, Agustín Pesce and Pedro Inchauspe at a payment industry event.
$10,000 and $20,000 bills: when do they start circulating
“The issuance of these denominations will facilitate the transactions between userswill make the logistics of the financial system and will significantly reduce the acquisition costs of finished tickets“, the monetary authority reported a month ago.
Currently, the maximum denomination bill is $2,000, which in practice is equivalent to $2.
What will the new $10,000 and $20,000 bills be like?
He $10,000 bill will have the images of Manuel Belgrano and of Maria Remedios del Valleheroine of the War of Independenceon the obverse.
The image to be used Belgrano It is from a portrait attributed to the French artist François Casimir Carbonnier. Meanwhile, the representation of the heroine belongs to the work “The Captain” made by the Argentine artist Gisela Banzer.
On the reverse, the main motif will be the artistic recreation of the scene of the Flag Pledge made on February 27, 1812.
Currently, all Casa de la Moneda production is focused on $1,000 and $2,000 papers, and at the highest possible speed.
The protagonist of $20,000 bill be Juan Bautista Alberdiinspirer of the National Constitution of 1853, whose portrait will be on the obverse. As the central illustration on the reverse will be the recreation of the birthplace of the lawyer, diplomat, economist, writer, philosopher, journalist and politician.
It is worth mentioning that the new species will conserve the size of banknotes in circulation and will be printed in cotton paperwith its traditional protections such as the watermark and the security thread. In turn, through special printing systems, they will be incorporated Security elements which will be intended mainly for the general public, but will also allow the machine recognition.
Juan Bautista Alberdi is the person most admired by President Javier Milei.
What are the currencies that are still in circulation in Argentina
Although there were several attempts to remove some coins from circulationthey are all still in force, even those of 1 and 5 cents, according to the Central Bank of the Argentine Republic. Although they have not been used in daily life for a long time because they are worthless due to the inflation.
- 1 cent
- 5 cents
- 10 cents
- 25 cents
- 50 cents
- $1 Trees of the Argentine Republic
- $1
- $1 Bicentennial of the First National Coin
- $1 Bicentennial Series
- $2 Trees from the Argentine Republic
- $2
- $5 Trees from the Argentine Republic
- $10 Trees from the Argentine Republic
Source: Ambito
