The Central Bank of the Argentine Republic (BCRA) put a new $20,000 banknote into circulation on November 13, 2024. Argentina’s ongoing high inflation rate necessitated the issuance of this final and highest denomination note in Argentina’s new “Heroines and Heroes of the Homeland” banknote series.
The BCRA explains that “the introduction of higher denomination banknotes and effective monetary programming allow for a reduction in the direct costs of the BCRA and the operating costs of the financial system as a whole.”
A closer look at the 20,000-pesos banknote
Let’s take a closer look at what is depicted in the $20,000-pesos note:
Front side
On the front of the banknote, the primary image is a portrait of Juan Bautista Alberdi, an Argentine political theorist and diplomat whose work influenced the Constitution of Argentina of 1853.
Back side
The back side of the note features the home where Juan Bautista Alberdi was born.
The note is printed on paper and measures 155mm x 65mm on paper.
Security features to deter counterfeiters
Several security features are integrated into the new banknote, with the goal of preventing counterfeiting. Some of the security features are as follows:
On the front side:
- A windowed, blue security thread (RollingStar i+) is revealed in three windows and has a dynamic effect when the banknote is moved. When held up to the light, it looks like a continuous band and the initials BCRA become visible.
- Optically variable ink (Spark Flow®): A symbol representing the National Constitution, located in the upper right corner, changes from magenta to green when the note is tilted and presents a dynamic three-dimensional effect.
On the front and back sides:
- A watermarkwhich, when viewed against the light, reveals a portrait of Juan Bautista Alberdi and the initials JBA.
- Registration device: The denomination value of 20,000 located in the lower left corner on the front side is complemented by transparency on the reverse.
Feature to help visually impaired consumers
Consumers who are blind or otherwise visually impaired can identify the note’s denomination thanks to the special lines in raised (tactile) print. The diagonal lines are located on both the left and right edges on the face of the banknote.
Sources/References:
Central Bank of the Republic of Argentina
Banknote News
MRI Bankers’ Guide to Foreign Currency
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