2 Pesos

Entre Ríos was one of several Argentine provinces that issued their own quasi-currency during the 2001–2002 convertibility collapse, when the federal government froze bank deposits and the peso's peg to the US dollar disintegrated. These provincial bonds — called *patacones* in Buenos Aires province, *lecops* federally, and *federales* here in Entre Ríos — functioned as parallel tender, accepted for provincial taxes and salaries but treated with varying suspicion by private merchants.

The federales were printed locally in Paraná rather than through an established security printer, which shows in the relatively modest anti-counterfeiting measures compared to contemporaneous federal issues.