Communication A 71: One Million Peso Banknote in Circulation

CENTRAL BANK OF THE ARGENTINE REPUBLIC

COMMUNICATION "A" 71
25/11/81

TO THE FINANCIAL INSTITUTIONS:

Ref.: Circular CIRCULACON MONETARIA - CIRMO
1- 5

We address you to inform you that this Bank has put into circulation, on this date, the $ 1.0 million banknote, which has the following characteristics:

Obverse: Effigy of General José de San Martín.

Reverse: Painting "El pueblo quiere saber de qué se trata" by Ceferino Carnacini, referenced with the date 25 May 1810.-

Predominant colors: brown, pink and blue.

Dimensions: 155 x 75 millimeters.

Printing: Intaglio, with security backgrounds processed using the "offset" system.

The paper used in printing the banknote contains, as a security element, the continuous watermark distributed over its entire surface, whose motif reproduces the Sun of the silver coin minted by the Province of Córdoba in the year 1849.

We enclose the sheet that corresponds to be incorporated into the ordered text made known by Circular CIRMO 1.

We greet you very attentively.

CENTRAL BANK OF THE ARGENTINE REPUBLIC

Miguel C. Bruzón
Treasury Manager
Pedro Camilo López
General Manager

ORDERED TEXT

Circular CIRCULACIÓN MONETARIA
CIRMO 1 - 1

I - Banknotes and coins in circulation.

By virtue of the power conferred by its Organic Charter, and taking into account the provisions established by Law 18.188 and its Regulatory Decree 7.250/69, as of 1 January 1970 the Central Bank has issued banknotes and coins that make up the current monetary line, whose unit is the peso.

The banknotes are of uniform size, 155 by 75 millimeters. The lower denominations, of I, 5 and 10 pesos, on their obverse, reproduce the effigy of General don Manuel Belgrano; the other values, of 50, 100, 500, 1.000, 5.000, 1 .000, 50.000, 100.000 and 50 .000 pesos, bear that of General don José de San Martín.

The reverses, throughout the line, present panoramic views of different areas of the country, monuments, events or historical places, fronts of public buildings.

The metallic pieces, composed of values of 1, 5, l0, 50 and 100 pesos were minted in circular form, with fluted edge, in copper (92 %) - aluminum (6 %) - nickel (2 %) blanks. As of May 1980, with the same characteristics and coloration, the values of $ 50 and $ 100 are minted in steel blanks plated with nickel brass

In addition, the Central Bank has put into circulation legal tender coins alluding to the 1978 World Football Championship, of 20, 50, 100,1.000, 2.000 and 3.000 pesos. These last three values were minted in 900 silver.

28.7.80