2 Pesos

The Chaco note is one of several provincial quasi-currencies — locally called "cuasimonedas" — issued by Argentine provinces during the 2001–2002 fiscal collapse, when the federal government froze bank accounts and provinces lost access to national funding. Unable to pay salaries and suppliers, Chaco printed its own scrip and put it into circulation alongside the peso.

These issues circulated out of necessity, accepted at face value in local commerce by provincial decree. Most were eventually redeemed at par or near-par after the federal government stepped in with bond swap programs in 2003, after which surviving examples passed quickly into collector hands rather than landfills.