New ARG banknotes will be printed with the faces of national heroes

[gracielle]

Update: 23 April 2023 by Agustina Bordigoni

Antes de nacer, el billete de 2 mil pesos alcanza para comprar 2 kilos de yerba

De acuerdo con las proyecciones oficiales, se espera que la Casa de la Moneda entregue los nuevos billetes en junio, siempre que el cronograma no falle. Las consultoras privadas ya anticipan que su poder de compra será menor, aunque sea el de mayor valor en la calle. Un relevamiento que efectuó...

www.perfil.com

Before its birth, the value of the $2,000 peso bill will have been liquefied by inflation. Two kilos of yerba, one and a half kilos of plain ground beef or just over three kilos of bread is what it could buy, at the current price.

The Gov't announced its appearance in February and that soon it would be available to enter into circulation. According to forecasts of consultants, they predict an increase greater than or equal to the inflation of March and April. And most likely as well for the months of June and August, which is when the Mint is expected to deliver the first banknotes. Thus inflation will continue to eat up their value.

The banknotes will be manufactured at different locations. The first batch will be made at the ARG Casa de Moneda. The second batch at the Casa de Moneda in Brazil, the Fábrica Nacional de Moneda y Timbre in Spain and the Banknote Printing and Minting Corporation in China. Once delivered, it will be up to the Central Bank to decide from what date they will begin to circulate.

Despite the secrecy with which this issue is being handled, it was also known that the ARG Casa de Moneda was commissioned the manufacture of 250 million thousand-peso banknotes, which for now are still the highest denomination. For these bills the Gov't will be paying around 30 million dollars....

 

[Aztangogirl]

19 May 2022

Chau a los animales en los billetes: qué figuras incluirá el Gobierno en los nuevos pesos argentinos

El Gobierno decidió, finalmente, dar un paso que se había anunciado anteriormente y los billetes con ilustraciones de animales dejarán de emitirse

www.iprofesional.com

....Next Monday, the Gov,t will announce that the animals that decorate the banknotes will be replaced and that the national heroes will be brought back, in addition to incorporating female historical figures. According to what has been reported in the last hours, the current colors of the banknotes will be maintained, in order to avoid confusion in their daily use. Eva Perón will remain as the image of the $100 bill, although the design of this denomination will be renewed. In spite of the aesthetic renovation, it was learned that, for the time being, a higher denomination banknote will not be announced. Thus, the highest legal tender value banknote will continue to be the $1,000 peso....
More women on banknotes: which faces may appear?
The coordinator of the Gender and Public Policy Observatory, Victoria Freire, proposed in 2020 models with women and even published images with the new designs through her Twitter account....

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Why make more 100 peso notes? They are basically worthless.

 

[Quilombo]

Why make more 100 peso notes? They are basically worthless.

Eliminating bills, like printing higher denominations is a cardinal sin of Kirchnerism as it admits there is a problem.

 

[Johnny]

Any news on when we can begin to see any notes larger than 1,000p?

 

[gracielle]

Any news on when we can begin to see any notes larger than 1,000p?

Automatic Google Translation of entire article:
22 May 2023

Nuevo billete de $2000: el Banco Central dice que lo puso en circulación, pero los bancos no lo tienen

Según un comunicado de la entidad, “será distribuido progresivamente a través de la red de sucursales bancarias a todo el país”

www-lanacion-com-ar.translate.goog

New $2000 bill: the Central Bank says it put it into circulation, but the banks don't have them....

 

[gracielle]

 

[Johnny]

Let's hope Western Union gets ahold of many.

 

[steveinbsas]

Update: 23 April 2023
Before its birth, the value of the $2,000 peso bill will have been liquefied by inflation. Two kilos of yerba, one and a half kilos of plain ground beef or just over three kilos of bread is what it could buy, at the current price.

Where I live ground beef (always ground by the local butcher while I watch has been $1890 per kilo since late March or early April, but the price is justified based on the quality as there is almost no fat.

Thirty eggs were $1800 ten days ago and a ten kilo tank of LP gas cost $155o the same day.

Although those prices will undoubtedly continue to increase in the future, it would be great to be able to make all three purchases with three bank notes and walk away with some change.

 

[FrankPintor]

Where I live ground beef (always ground by the local butcher while I watch has been $1890 per kilo since late March or early April, but the price is justified based on the quality as there is almost no fat.

Thirty eggs were $1800 ten days ago and a ten kilo tank of LP gas cost $155o the same day.

Although those prices will undoubtedly continue to increase in the future, it would be great to be able to make all three purchases with three bank notes and walk away with some change.

Or possibly the prices will be rounded up so your new 2000 peso note is exactly the right amount.

 

[Quilombo]

Whichever one of us gets the new ugly $2,000 bill first looking like: