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5.000 Australes
| Issuer | Provincia de Jujuy |
|---|---|
| Year | 1990 |
| Type | Log in to see details |
| Value | 5.000 Australes |
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| Obverse description | The obverse presents a central vignette at left with a historical equestrian scene rendered in blue-green tones over a guilloche underprint, with the denomination '₳5000' in an ornate cartouche at upper left. The principal legends 'PROVINCIA DE JUJUY' and 'TITULO PUBLICO AL PORTADOR' appear at upper right, beneath which the authorizing law reference 'LEY N° 4499/90 - ART. 1°' and the written denomination 'CINCO MIL AUSTRALES' are printed. Signature lines for the Ministro de Economía and the Gobernador are positioned below, with the expiry notice 'FECHA DE CADUCIDAD: 31 DE DICIEMBRE DE 1990' at lower centre and the series designation 'SERIE J' also present. |
|---|---|
| Obverse lettering | PROVINCIA DE JUJUY TITULO PUBLICO AL PORTADOR LEY N° 4499/90 - ART. 1° CINCO MIL AUSTRALES MINISTRO DE ECONOMIA GOBERNADOR FECHA DE CADUCIDAD: 31 DE DICIEMBRE DE 1990 SERIE J |
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| Comments |
Jujuy's provincial australes notes were a direct consequence of the 1989–1991 hyperinflationary collapse that paralyzed Argentina's federal monetary system. With the central government unable to supply sufficient currency, several provinces resorted to issuing their own quasi-money — locally printed obligations that circulated by necessity rather than legal mandate. Jujuy was among the smaller, poorer provinces to do so, which meant these notes were produced in limited quantities and saw hard use in a cash-starved local economy.
The 5,000-australes denomination reflects just how far the currency had deteriorated by 1990. Within months of issue, the national austral itself was replaced by the peso convertible, rendering all provincial scrip worthless.