Argentine peso moneda corriente

Argentine peso moneda corriente
"Cinco pesos" moneda corriente banknote, issued in 1869
Unit
Symbol$ m/c
Subunit
Demographics
Date of introduction9 January 1826
Date of withdrawal4 November 1881
User(s)Argentina
This infobox shows the latest status before this currency was rendered obsolete.

The peso moneda corriente was a non-convertible Argentine paper currency which circulated between 9 January 1826, and 4 November 1881. It was worth eight reales. Its symbol was $m/c. It was also known as the peso papel (paper money).

It was also known by the name of the peso papel as opposed to the Peso Fuerte ($F) and the gold or silver coins of previous issues. It circulated almost exclusively in the Buenos Aires Province, since in the interior of the country only metallic coins were used during that time, such as the old Bolivian silver peso, and also, to a lesser extent, coins from other countries. “It was the role of the province of Buenos Aires –or current currency- that really imposed the monetary practices, evicting silver and gold from circulation.”[1]

  1. ^ Temas de historia económica argentina by Juan Alvarez. Buenos Aires, El Ateneo, 1929