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