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20 000 Chachos

Issuer Provincia de La Rioja
Year 2024
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Shape Rectangular
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Obverse description Outline map of La Rioja province and the provincial coat of arms appear at left, alongside a portrait vignette of Ángel Vicente Peñaloza (known as Chacho Peñaloza), the 19th-century caudillo for whom the currency is named. A QR code at right provides access to the security verification system of the BOCADE issuance. Fine guilloche underprint covers the note field.
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Protection type QR code
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Comments

La Rioja is one of several Argentine provinces that has periodically resorted to quasi-currency when federal transfers fall short. The province issued earlier series of "Chachos" — named after the 19th-century caudillo Ángel Vicente Peñaloza — and this 2024 iteration continues that tradition during a period of acute provincial fiscal stress. The denomination of 20,000 reflects how far inflation had compressed the practical value of earlier low-denomination issues in the series.

The QR code is a notable departure from previous Chacho emissions, allowing digital verification — an acknowledgment that trust in provincial scrip requires more than paper promises.

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