With the denominations of $10,000 and $20,000 confirmed, other current denominations will continue to be active, but for a short time, according to the Central Bank. The detail.
The $1000 bills will continue to be valid in Argentina
Depositphotos
Despite the confirmation of the first batch of the new banknote of $10,000 (in May) that the Central Bank (BCRA) approved to “simplify the use of cash,” and the launch dthat of 20,000 at the end of the year, There are still other denominations active in our country. The news was known shortly after the national strike of the CGT on May 9.
In this framework, the Government would be considering the option of withdrawing several banknotes (currently in force) from circulation, among which those of $500, $200, $100, $50, $20 and $10.
The measure would contemplate the introduction of new banknote designs under the “Heroines and Heroes of the Homeland” collection. All banknotes with designs starting at $10 could be withdrawn, except for those of $1000 and $2000.
BILL 10,000 FINAL.jpg
BCRA
On the other hand, the collection “Heroines and Heroes of the Homeland” could gradually replace the current banknotes in circulation. This initiative could aim to renew and update the country’s monetary system.
The change in the design of the banknotes could reflect historical and relevant figures in Argentine history. The measure would still be under consideration and has not been officially confirmed. For this reason, details about the implementation process and the withdrawal schedule for the current banknotes were not announced.
What are the coins that are in circulation
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
