Argentine peso ley

The peso ley 18.188, usually known as either peso or, to distinguish it from the earlier peso moneda nacional, informally as peso ley, was the currency of Argentina between January 1, 1970 and May 5, 1983. It was subdivided into 100 centavo

Centavo

Centavo is a Spanish and Portuguese word, derived from the Latin centum, meaning "one hundred", and the suffix -avo, meaning "portion" or "fraction"...

s. Its symbol was $, sometimes $L. Its name comes from law 18188 which established it, effective April 5, 1969. Its ISO 4217

ISO 4217

ISO 4217 is a standard published by the International Standards Organization, which delineates currency designators, country codes , and references to minor units in three tables:* Table A.1 – Current currency & funds code list...

 code was ARL.

History

The peso ley replaced the peso moneda nacional

Argentine peso moneda nacional

The peso moneda nacional was the currency of Argentina between November 5, 1881 and December 31, 1969. It was subdivided into 100 centavos, with the argentino worth 5 pesos. Its symbol was m$n or $m/n. Its ISO 4217 code was ARM.-History:...

 at a rate of 100 to 1. It was itself replaced by the peso argentino

Argentine peso argentino

The peso argentino was the currency of Argentina between June 6, 1983 and June 14, 1985. It was subdivided into 100 centavos. The symbol was $a. The ISO 4217 code was ARP.-History:...

 at a rate of 10,000 to 1.

The history of the various successive Argentine currencies called peso is detailed in the article on the Argentine peso

Argentine peso

The peso is the currency of Argentina, identified by the symbol $ preceding the amount in the same way as many countries using dollar currencies. It is subdivided into 100 centavos. Its ISO 4217 code is ARS...

.

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

Value	Obverse	Emission start date	Withdrawn	Composition	Diameter
1	Liberty	1 Jan 1970	31 Oct 1979	Aluminium	16mm
5		18 May 1970			18mm
10		1 Jan 1970		Brass	17mm
20		18 May 1970			19mm
50		1 Jan 1970			21mm

Peso

Value	Obverse	Emission start date	Withdrawn	Composition	Diameter
1	Sun	1 Oct 1974	2 Jan 1984	Aluminium-Brass	23mm
5	Sun	12 Apr 1976			24mm
	Guillermo Brown	1977			24mm
10	Sun	12 Jul 1976			26mm
	Guillermo Brown	1977			26mm
50	José de San Martín José de San Martín José Francisco de San Martín, known simply as Don José de San Martín , was an Argentine general and the prime leader of the southern part of South America's successful struggle for independence from Spain.Born in Yapeyú, Corrientes , he left his mother country at the...  Bicentennial	1 Aug 1978			27mm
	Conquest of the Desert Conquest of the Desert The Conquest of the Desert was a military campaign directed mainly by General Julio Argentino Roca in the 1870s, which established Argentine dominance over Patagonia, which was inhabited by indigenous peoples...  centennial	1979			27mm
	José de San Martín	1979			27mm
		1980		Brass-Clad Steel	27mm
100	José de San Martín Bicentennial	1 Aug 1978		Aluminium-Bronze	28mm
	Conquest of the Desert centennial	1979			28mm
	José de San Martín	1979			28mm
		1980		Brass-Clad Steel	28mm

Banknotes

Banknote

Banknote

A banknote is a kind of negotiable instrument, a promissory note made by a bank payable to the bearer on demand, used as money, and in many jurisdictions is legal tender. In addition to coins, banknotes make up the cash or bearer forms of all modern fiat money...

s were issued in the following denominations:

Obverse	Reverse	Value	Portrait	Back	Emission start date	Withdrawn
		1	Manuel Belgrano Manuel Belgrano Manuel José Joaquín del Corazón de Jesús Belgrano , usually referred to as Manuel Belgrano, was an Argentine economist, lawyer, politician, and military leader. He took part in the Argentine Wars of Independence and created the Flag of Argentina...	Nahuel Huapi Lake Nahuel Huapi Lake Nahuel Huapi Lake is a lake in the lake region of northern Patagonia between the provinces of Río Negro and Neuquén, in Argentina. The lake depression consists of several glacial valleys carved out along faults and Miocene valleys that were later dammed by moraines.Nahuel Huapi lake, located...	30 Jan 1970	1 Apr 1981
		5		National Flag Memorial National Flag Memorial (Argentina) The National Flag Memorial in Rosario, Argentina, is a monumental complex built near the shore of the Paraná River...  in Rosario Rosario Rosario is the largest city in the province of Santa Fe, Argentina. It is located northwest of Buenos Aires, on the western shore of the Paraná River and has 1,159,004 residents as of the ....	24 Nov 1971
		10		Iguazu Falls Iguazu Falls Iguazu Falls, Iguassu Falls, or Iguaçu Falls are waterfalls of the Iguazu River located on the border of the Brazilian State of Paraná and the Argentine Province of Misiones. The falls divide the river into the upper and lower Iguazu. The Iguazu River originates near the city of Curitiba. It flows...	1 Sep 1970
		50	José de San Martín José de San Martín José Francisco de San Martín, known simply as Don José de San Martín , was an Argentine general and the prime leader of the southern part of South America's successful struggle for independence from Spain.Born in Yapeyú, Corrientes , he left his mother country at the...	Termas de Reyes (Jujuy)	15 Mar 1972
		100		Ushuaia Ushuaia Ushuaia may refer to the following:*Ushuaia, a city in Argentina.**Ushuaia Department, an administrative division**Ushuaia River**Ushuaia International Airport**Colegio Nacional de Ushuaia, National School of Ushuaia....	15 Feb 1971
		500		Cerro de la Gloria (Mendoza Mendoza, Argentina Mendoza is the capital city of Mendoza Province, in Argentina. It is located in the northern-central part of the province, in a region of foothills and high plains, on the eastern side of the Andes. As of the , Mendoza's population was 110,993... )	30 Nov 1972	2 Apr 1984
		1000		Plaza de Mayo Plaza de Mayo The Plaza de Mayo is the main square in downtown Buenos Aires, Argentina. It is flanked by Hipólito Yrigoyen, Balcarce, Rivadavia and Bolívar streets....  (Buenos Aires Buenos Aires Buenos Aires is the capital and largest city of Argentina, and the second-largest metropolitan area in South America, after São Paulo. It is located on the western shore of the estuary of the Río de la Plata, on the southeastern coast of the South American continent... )	27 Nov 1973
		5000		Mar del Plata Mar del Plata Mar del Plata is an Argentine city located on the coast of the Atlantic Ocean, south of Buenos Aires. Mar del Plata is the second largest city of Buenos Aires Province. The name "Mar del Plata" had apparently the sense of "sea of the Río de la Plata region" or "adjoining sea to the Río de la Plata"...	12 Dec 1977
		10,000		El Palmar National Park El Palmar National Park El Palmar National Park is one of Argentina's national parks, located on the center-west of the province of Entre Ríos, mid-way between the cities of Colón and Concordia...  (Entre Ríos Entre Ríos Province Entre Ríos is a northeastern province of Argentina, located in the Mesopotamia region. It borders the provinces of Buenos Aires , Corrientes and Santa Fe , and Uruguay in the east.... )	25 Oct 1976	19 Jul 1985
		50,000		Argentine Central Bank Banco Central de la República Argentina -Overview:Established by six Acts of Congress enacted on May 28, 1935, the bank replaced Argentina's Currency board, which had been in operation since 1890...	19 Feb 1979
		100,000		National Mint House	1 Nov 1979
		500,000		Buenos Aires foundation	28 Jul 1980
		1,000,000		May Revolution May Revolution The May Revolution was a week-long series of events that took place from May 18 to 25, 1810, in Buenos Aires, capital of the Viceroyalty of the Río de la Plata, a Spanish colony that included roughly the territories of present-day Argentina, Bolivia, Paraguay and Uruguay...	25 Nov 1981