The Argentine Peso (ARS) has a rich history, punctuated by its introduction in 1881, and has undergone several revaluations throughout the years. Argentina has experienced high inflation and economic challenges, which led to the issuance of newer versions of the Peso—such as the Peso Ley, Peso Argentino, and Austral—each replacing its predecessor with varying rates of conversion. Furthermore, the Argentine Peso has featured figures from Argentina’s history on its banknotes, including Eva Perón, a beloved political leader and the first lady known for her work in social justice.

An interesting fact about the ARS is its connection to Argentine culture. Prior to 2012, all Peso banknotes featured solely famous political and historic male figures; however, the redesign included female figures and natural landmarks, highlighting a shift towards gender equality and environmental pride. These redesigns serve to instill national pride and reflect Argentina’s diverse heritage, offering locals and visitors alike a glimpse into the dynamic history and culture of the country.