Code ARA Plural australes centavo ¢ | Symbol ₳ (Unicode U+20B3) | |
Banknotes 1, 5, 10, 50, 100, 500, 1000, 5000, 10 000, 50 000, 100 000, 500 000 australes | ||
The austral was the currency of Argentina between June 15, 1985 and December 31, 1991. It was subdivided into 100 centavos. The symbol was an uppercase A with an extra horizontal line, codepoint U+20B3 Austral sign ₳. This symbol appeared on all coins issued in this currency (including centavos), to distinguish them from earlier currencies. The ISO 4217 code is ARA.
Contents
History
Finance Minister Juan Vital Sourrouille devised the Austral plan. The austral replaced the peso argentino at a rate of 1 austral = 1000 pesos argentinos. It was itself replaced by the peso at a rate of 1 peso = 10,000 australes.
Coins
In 1985, coins were introduced for ½, 1, 5, 10 and 50 centavos. The ½ centavo was only issued in 1985, whilst production of the 1 centavo ceased in 1987, 5 centavo ceased in 1988, and that of the other centavo coins ended in 1989. In 1989, 1, 5 and 10 austral coins were issued, followed in 1990 and 1991 by 100, 500 and 1,000 austral denominations.