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Argentina Hyperinflation Banknotes

 

1,000,000 Pesos (1981-83)

1,000,000 Pesos (1980-83) front
1,000,000 Pesos (1980-83) back

Enlarge: Front1,000,000 Pesos, (1981-83) front
 & Back1,000,000 Pesos, (1981-83) back

Front: José Francisco de San Martín (1778-1850), revolutionary leader

Back: May Revolution (25 De Mayo de 1810)

 

May Revolution
Painting by Ceferino Carnacini (1888-1964)

May Revolution

Enlarge: PaintingMay Revolution

Back to Hyperinflation Banknotes

Argentina went through a period of hyperinflation and a series of currency reforms between 1969 to 1992. Before 1969, the highest denomination was 10,000 Pesos. 1 new Peso was exchanged for 100 old Pesos in 1969, and the highest denomination reached 1,000,000 Pesos in 1981.
In three subsequent currency reforms, 1 Peso Argentino was exchanged for 10,000 Pesos (1983), 1 Austral for 1,000 Pesos Argentinos (1985), and 1 new Peso for 10,000 Australes (1992).
The overall impact of inflation: 1 current Peso = 10,000,000,000,000 pre 1969 Pesos.

 

 

 

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