Argentine peso moneda nacional

In 1883, when silver coins ceased production, the paper peso was set at a value of 2.2 francs or 638.7 mg gold.

There were several banknotes issued by provinces of Argentina, such as Buenos Aires (issued by its respective provincial entity (1883–85), Santa Fe (1882), Entre Ríos (1885), Córdoba (1889), Entre Ríos (1885), Chaco (1884), Salta (1884), and Tucumán (1888) provincial banks.

In 1891 and 1892, the same denominations were produced by the recently created "Banco de la Nación Argentina".

Law 3505, of 20 September 1897, authorized the Caja de Conversión to renovate all paper money in existence at the time.

They decided to make new design called "Progress's Effigy" ("Efigie del Progreso").

These bank notes were created originally in a bigger size and printed by the mint (Casa de Moneda), using French-made paper.

When the Central Bank of Argentina was established it took over the banknotes, which began to be printed by the Casa de Moneda.