The central bank of Argentina has announced the issue of 2,000 pesos (9.8 euros) banknotes, which therefore becomes the largest denomination after the 1,000 pesos (4.9 euros): it is not yet clear when they will enter into circulation. Argentina has been going through a very serious economic crisis for years, with inflation close to 100 percent, the highest since the early 1990s. Prices have almost doubled in the last year and the Argentine peso is worth less and less. Consumers are therefore forced to carry around lots of banknotes, even for small daily expenses. A higher denomination will therefore allow you to turn over with fewer banknotes.
According to the central bank statement, the drawing will be a tribute to the “development of science and medicine in Argentina” with portraits of Cecilia Grierson, a well-known Argentine physicist born in the mid-19th century, and Ramón Carrillo, a neurosurgeon and former health minister in the early 1950s in the government of Juan Perón.
The new 2,000 peso banknote, front and back (Banco central de la Republica argentina)
