Argentine peso moneda corriente
Encyclopedia
The peso moneda corriente was a non-convertible Argentine paper currency which circulated between 9 January 1826, and 4 November 1881. Its symbol was $m/c. It was also known as the peso papel (paper money).
The peso moneda corriente was introduced at par with the peso fuerte ($F) but was devalued several times during its life. In the period from 3 January 1867 to 17 May 1876, the peso moneda corriente could be converted to gold, at the rate $m/c 25 = $F 1, in the Oficina de Cambios (exchange office) of the Banco de la Provincia de Buenos Aires. The office closed in 1876 because the people exchanged pesos for gold in large quantities. The peso moneda corriente was replaced by the peso moneda nacional
at the rate of 25 pesos moneda corriente = 1 peso moneda nacional.
During the period the peso moneda corriente was in use, currencies from other countries were also used (especially the Bolivian boliviano
).
The peso moneda corriente was introduced at par with the peso fuerte ($F) but was devalued several times during its life. In the period from 3 January 1867 to 17 May 1876, the peso moneda corriente could be converted to gold, at the rate $m/c 25 = $F 1, in the Oficina de Cambios (exchange office) of the Banco de la Provincia de Buenos Aires. The office closed in 1876 because the people exchanged pesos for gold in large quantities. The peso moneda corriente was replaced by the peso moneda nacional
Argentine peso moneda nacional
The peso moneda nacional was the currency of Argentina between November 5, 1881 and December 31, 1969. It was subdivided into 100 centavos, with the argentino worth 5 pesos. Its symbol was m$n or $m/n. Its ISO 4217 code was ARM.-History:...
at the rate of 25 pesos moneda corriente = 1 peso moneda nacional.
During the period the peso moneda corriente was in use, currencies from other countries were also used (especially the Bolivian boliviano
Bolivian boliviano
The boliviano is the currency of Bolivia. It is divided into 100 centavos. Boliviano was also the name of the currency of Bolivia between 1864 and 1963.-First boliviano:...
).