View source for Argentine peso moneda corriente

{{Infobox currency
| name = Argentine peso moneda corriente
| local_name = 
| local_name_lang = 
| date_of_withdrawal = 4 November 1881
| obsolete = yes
| image_1 = Cinco pesos moneda corriente.jpg
| image_title_1 = "Cinco pesos" ''moneda corriente'' banknote, issued in 1869
| image_alt_1 = 
| iso_code = 
| issuing_authority = 
| issuing_authority_website = 
| date_of_introduction = 9 January 1826
| date_of_introduction_source = 
| using_countries = [[Argentina]]
| inflation_rate = 
| inflation_source_date = 
| unit = 
| symbol = $ m/c
| nickname = 
| plural = <!-- subunits,  superunits -->
| subunit_ratio_1 = {{frac|1|100}}
| subunit_name_1 = 
| symbol_subunit_1 = 
| nickname_subunit_1 = 
| plural_subunit_1 = <!-- banknotes & coins -->
| frequently_used_coins = 
| rarely_used_coins = 
| frequently_used_banknotes = 
| rarely_used_banknotes = 
}}

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 [[Argentine real|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.”<ref>''Temas de historia económica argentina'' by Juan Alvarez. Buenos Aires, El Ateneo, 1929</ref>

== Overview ==

The peso moneda corriente was not the first paper money issued in Argentina as the [[Bank of the Province of Buenos Aires|Banco de Buenos Aires]] had already issued paper money in 1822, but it was convertible into cash. The inconvertibility decreed in January 1826 was due to the economic problems caused by the War in Brazil. There was an exception: the period from January 3, 1867, to May 17, 1876, in which it was convertible at the rate of $m/c 25 = $F 1 at the Exchange Office of the Banco de la Provincia de Buenos Aires. The return of inconvertibility was due to the exchange rate run caused by the crisis of the 70s. gold first and the strong peso later.

The peso moneda corriente was introduced at par with the [[Argentine peso#Peso fuerte, 1826–1881|peso fuerte]] ($F) but gradually depreciated relative to it during its life. In the period from 3 January 1867 to 17 May 1876, the peso moneda corriente could be converted to gold, at the rate {{frac|$|m|c}} 25 = {{val|p=$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 [[Argentine peso moneda nacional|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 replaced by the "Peso Oro Sellado" or gold weight at a rate of $m/c 25 = o$s 1 as of November 1881, at that time also equal to the [[Argentine peso moneda nacional]]. Article 13 of Law 1,130 -which established the gold weight- mandated that "Issuing Banks that exist in the Republic must, within two years of enactment of this Law, renew all their issuance in banknotes, to national currency".

== Banknotes ==

Source:<ref>[https://www.billetesargentinos.com.ar/billetes/moneda_corriente.htm "Billete Peso Moneda Corriente"] on billetesargentinos.com.ar</ref>

=== Banco de Buenos Ayres issues ===

{| class= wikitable
! Denom.
! Issued
! Obverse
! Image
|- 
| 1 peso || 1827 || [[Simón Bolivar]] and [[George Washington]] || [[file:1 peso mc 1827.jpg|150px]]
|-
| 5 pesos || 1827 || [[Benjamin Franklin]] and [[William Penn]] || [[file:5 pesos mc 1827.jpg|150px]]
|-
| 10 pesos || 1828 || Simón Bolivar and George Washington || [[file:10 pesos mc 1828.jpg|150px]]
|-
| 20 pesos || 1827 || Simón Bolivar and George Washington || [[file:20 pesos mc 1828.jpg|150px]]
|-
| 50 pesos || 1827 || Simón Bolivar and George Washington || [[file:50 pesos mc 1827.jpg|150px]]
|-
| 100 pesos || 1827 || ? || [[file:100 pesos mc 1827.jpg|150px]]
|-
| 500 pesos || 1827 || ? || [[file:500 pesos mc 1827.jpg|150px]]
|-
| 1000 pesos || 1827 || ? || [[file:1000 pesos mc 1827.jpg|150px]]
|}

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=== Banco Nacional de la Provincias Unidas issues ===

{| class= wikitable
! Denom.
! Issued
! Obverse
! Image
|- 
| 1 peso || 1834 || [[coat of arms of Argentina|Argentine coat of arms]] || [[file:1 peso mc 1834.jpg|150px]]
|- 
| 5 pesos || 1838 || Female allegories || [[file:5 pesos mc 1838.jpg|150px]]
|- 
| 10 pesos || 1834 || Female allegories || [[file:10 pesos mc 1834.jpg|150px]]
|- 
| 20 pesos || 1834 || Female allegories || [[file:20 pesos mc 1834.jpg|150px]]
|- 
| 50 pesos || 1834 || Female allegories || [[file:50 pesos mc 1834.jpg|150px]]
|- 
| 100 pesos || 1834 || Female allegories || [[file:100 pesos mc 1834.jpg|150px]]
|- 
| 200 pesos || 1834 || Female allegories || [[file:200 pesos mc 1834.jpg|150px]]
|- 
| 500 pesos || 1834 || Argentine coat of arms || [[file:500 pesos mc 1834.jpg|150px]]
|}
{{col-2}}

=== Casa de Moneda de Buenos Ayres issues ===

Banknotes issued during the government of [[Juan Manuel de Rosas]] (1835–1852). They included the legend "Viva la Federación".

{| class= wikitable
! Denom.
! Issued
! Obverse
! Image
|- 
| 1 peso || 1841 || Woman || [[file:1 peso mc 1841.jpg|150px]]
|-
| 5 pesos || 1841 || [[Rhea (bird)|Ñandú]] || [[file:5 pesos mc 1841.jpg|150px]]
|-
| 10 pesos || 1841 || [[Sheep]] || [[file:10 pesos mc 1841.jpg|150px]]
|-
| 20 pesos || 1841 || [[Horse]] || [[file:20 pesos mc 1841.jpg|150px]]
|-
| 50 pesos || 1841 || [[Cow]] || [[file:50 pesos mc 1841.jpg|150px]]
|-
| 100 pesos || 1841 || [[Cabildo of Buenos Aires]] || [[file:100 pesos mc 1841.jpg|150px]]
|-
| 200 pesos || 1841 || [[Port of Buenos Aires]] || [[file:200 pesos mc 1841.jpg|150px]]
|}
{{col-end}}

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=== Casa de Moneda de Buenos Ayres issues ===

A second series was issued during the government of Rosas. The legend ""Viva la Confederación Argentina... Mueran los Salvajes Unitarios" was introduced.

{| class= wikitable
! Denom.
! Issued
! Obverse
! Image
|- 
| 1 peso || 1844 || Argentine coat of arms  || [[file:1 peso mc 1844.jpg|150px]]
|-
| 5 pesos || 1844 || Ñandú || [[file:5 pesos mc 1844.jpg|150px]]
|-
| 10 pesos || 1844 || Sheep || [[file:10 pesos mc 1844.jpg|150px]]
|-
| 20 pesos || 1844 || Horse || [[file:20 pesos mc 1844.jpg|150px]]  
|-
| 50 pesos || 1844 || Cow || [[file:50 pesos mc 1844.jpg|150px]]
|-
| 50 pesos || 1848 || Cow || [[file:50 pesos mc 1848.jpg|150px]]  
|-
| 100 pesos || 1845 || Cabildo of Buenos Aires || [[file:100 pesos mc 1845.jpg|150px]]  
|-
| 100 pesos || 1848 || ? || [[file:100 pesos mc 1848.jpg|150px]]  
|-
| 200 pesos || 1848 || Port of Buenos Aires || [[file:200 pesos mc 1848.jpg|150px]]  
|-
| 500 pesos || 1845 || ? || [[file:500 pesos mc 1845.jpg|150px]]  
|-
| 500 pesos || 1849 || ? ||[[file:500 pesos mc 1849.jpg|150px]]  
|-
| 500 pesos || 1851 || Woman with children || [[file:500 pesos mc 1851.jpg|150px]]  
|-
| 1,000 pesos || 1847 || Liberty || [[file:1000 pesos mc 1847.jpg|150px]]  
|}
{{col-2}}
{{col-end}}

==References==
{{reflist}}

==External links==

{{commons category}}
* [http://www.anav.org.ar/sites_personales/5/MONEDA.DOC Base de datos de Rodolfo Frank - El valor de la moneda] <small>(MS-Word document)</small>

{{Historical currencies of Argentina}}
{{Portal bar|Argentina|Money|Numismatics}}

[[Category:Currencies of Argentina|Peso moneda corriente]]
[[Category:Currencies with multiple banknote issuers]]
[[Category:1826 establishments in Argentina]]
[[Category:1881 disestablishments]]