Argentine austral
This article includes a list of general references, but it lacks sufficient corresponding inline citations. (April 2009) |
austral argentino (Spanish) | |
---|---|
ISO 4217 | |
Code | ARA |
Unit | |
Plural | australes |
Symbol | ₳ (Unicode U+20B3) |
Denominations | |
Subunit | |
1/100 | centavo |
Symbol | |
centavo | ¢ |
Banknotes | 1, 5, 10, 50, 100, 500, 1000, 5000, 10 000, 50 000, 100 000, 500 000 australes |
Coins | ½, 1, 5, 10, 50 centavos, 1, 5, 10, 100, 500, 1000 australes |
Demographics | |
User(s) | Argentina |
Issuance | |
Central bank | Banco Central de la República Argentina |
Website | www |
The austral was the currency of Argentina between June 15, 1985 and December 31, 1991. It was subdivided into 100 centavos. The symbol was an uppercase A with an extra horizontal line, code point U+20B3 ₳ AUSTRAL SIGN. This symbol appeared on all coins issued in this currency (including centavos), to distinguish them from earlier currencies. The ISO 4217 code is ARA.
History
Finance Minister Juan Vital Sourrouille devised the Austral plan.[1] The austral replaced the peso argentino at a rate of 1 austral = 1000 pesos argentinos.
In 1992, the austral was itself replaced by the peso convertible at a rate of 1 peso convertible = 10,000 australes.
Coins
In 1985, coins were introduced for 1⁄2, 1, 5, 10 and 50 centavos. The 1⁄2 centavo was only issued in 1985, whilst production of the 1 centavo ceased in 1987, 5 centavo ceased in 1988, and that of the other centavo coins ended in 1989. In 1989, 1, 5 and 10 austral coins were issued, followed in 1990 and 1991 by 100, 500 and 1,000 austral denominations.
Centavo
Value | Obverse | Entered circulation | Withdrawn | Composition | Diameter |
---|---|---|---|---|---|
1⁄2 | Hornero | 23 Sep 1985 | 31 Dec 1991 | Copper-Aluminium (92/8) | 19 mm |
1 | Rhea | 23 Sep 1985 | 31 Dec 1991 | Copper-Aluminium (92/8) | 20 mm |
5 | Puma | 23 Sep 1985 | 31 Dec 1991 | Copper-Aluminium (92/8) | 23 mm |
10 | Coat of arms | 14 Oct 1985 | 31 Dec 1991 | Copper-Aluminium (92/8) | 21 mm |
50 | Liberty | 14 Oct 1985 | 31 Dec 1991 | Copper-Aluminium (92/8) | 23 mm |
Austral
Value | Obverse | Entered circulation | Withdrawn | Composition | Diameter |
---|---|---|---|---|---|
1 | Buenos Aires Cabildo | 27 Mar 1989 | 31 Dec 1991 | Aluminium | 20 mm |
5 | House of Tucumán | 22 May 1989 | 31 Dec 1991 | Aluminium | 22 mm |
10 | Casa del Acuerdo | 26 Jun 1989 | 31 Dec 1991 | Aluminium | 22 mm |
100 | Coat of arms | 28 Nov 1990 | 31 Oct 1993 | Aluminium | 21 mm |
500 | Coat of arms | 1 Nov 1990 | 31 Oct 1993 | Aluminium | 23 mm |
1000 | Coat of arms | 28 Nov 1990 | 31 Oct 1993 | Aluminium | 24 mm |
Banknotes
In 1985, provisional issues were made consisting of 1000, 5000 and 10,000 peso argentino notes over stamped with the values 1, 5 and 10 australes.
Value | Comments | Portrait | Entered circulation | Withdrawn | Image |
---|---|---|---|---|---|
1 | Provisional | José de San Martín | 31 Oct 1985 | 30 Nov 1987 | |
5 | Provisional | Juan Bautista Alberdi | 31 Oct 1985 | 30 Nov 1987 | |
10 | Provisional | Manuel Belgrano | 31 Oct 1985 | 30 Nov 1987 |
Between 1985 and 1991, the following notes were issued by the Banco Central:
Value | Comments | Portrait | Entered circulation | Withdrawn | Image |
---|---|---|---|---|---|
1 | Definitive | Bernardino Rivadavia | 31 Oct 1985 | 31 Oct 1991 | |
5 | Definitive | Justo José de Urquiza | 28 Feb 1986 | 31 Oct 1991 | |
10 | Definitive | Santiago Derqui | 30 Dec 1985 | 31 Oct 1991 | |
50 | Definitive | Bartolomé Mitre | 23 Jun 1986 | 31 Dec 1991 | |
100 | Definitive | Domingo F. Sarmiento | 25 Nov 1985 | 1 Jun 1992 | |
500 | Definitive | Nicolás Avellaneda | 2 May 1988 | 1 Jun 1992 | |
1,000 | Definitive | Julio A. Roca | 30 Sep 1988 | 1 Jun 1992 | |
5,000 | Definitive | Juárez Celman | 26 May 1989 | 1 Oct 1992 | File:5000 australes de Argentina.jpg |
10,000 | Provisional | José de San Martín | 31 Jul 1989 | 31 Aug 1991 | |
10,000 | Definitive | Carlos Pellegrini | 25 Aug 1989 | 1 Oct 1992 | |
50,000 | Provisional | José de San Martín | 2 Jun 1989 | 31 Aug 1991 | |
50,000 | Definitive | Luis Sáenz Peña | 8 Nov 1989 | 2 Jan 1993 | |
100,000 | Definitive | José E. Uriburu | 21 May 1990 | 2 Jan 1993 | |
500,000 | Provisional | José de San Martín | 2 Jul 1990 | 31 Oct 1991 | |
500,000 | Definitive | Manuel Quintana | 1 Nov 1990 | 2 Jan 1993 |
All banknotes except the provisional types show on the back an image of Liberty with a torch and shield. The provisional banknotes were produced from modified peso ley plates. On the obverses, the word PESOS were erased, whilst the reverse designs substituted the picture with the denomination written in words without spaces in several rows. The denomination was shown on both faces in the form A 10 MIL (10,000 australes), A 50 MIL (50,000 australes) and A 500 MIL (500,000 australes).
References
- Krause, Chester L.; Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed.). Krause Publications. ISBN 0873411501.
- Pick, Albert (1994). Standard Catalog of World Paper Money: General Issues. Colin R. Bruce II and Neil Shafer (editors) (7th ed.). Krause Publications. ISBN 0-87341-207-9.
- Silveyra, Jorge; Lozano, Sergio; Díaz, Oscar (2001). Falsificación de moneda. Editorial Policial. ISBN 950-9071-66-8.
- ^ La era Sourrouille, corazón del Plan Austral (in Spanish)
External links
- Official website of the Banco Central de la República Argentina (Argentine Central Bank)
- Argentine Notes