The Banco de la Republica Argentina has issued (19th December) the two remaining coin denominations planned as part of their new series of re-designed and revised circulation coins and banknotes. The latest denominations are the $2 and $10 coins which feature a silk floss tree and a
The new coin series embarked upon by the Banco Central is part of a wider plan to standardise currency in circulation implemented through different measures, such as the launch of new 20, 50, 100 200, 500, and 1000-banknote denominations. The larger value banknotes were in response to the need for these denominations in daily cash transactions and cash handling. The requisites in the country for a revised monetary system of notes and coins also arose from the creation of an electronic platform mode of payment for consumers in addition to interbank exchanges of banknotes.
The 2018-dated $2 coin is golden in
|One peso||Copper-plated||4.3 g||20 mm|
|Two pesos||Brass-plated||5 g||21.5 mm|
|Five pesos||Nickel-plated||7.3 g||23 mm|
|10 pesos||Aluminum-bronze||9 g||24.5 mm|
The new larger value coins are intended to circulate alongside the banknotes of the same face value and will replace these notes as the notes are gradually returned to commercial banks due to wear and tear, in addition to the redemption of damaged banknotes. For more information about the new coins and new family of Argentinian banknotes, please visit the website of the Banco Central.