50 Pesos

Formosa is one of several Argentine provinces that issued its own quasi-currency during the 2001–2002 economic collapse, when the federal government's convertibility regime imploded and provincial administrations faced acute cash shortages. These notes — technically "bonds" or "letters of credit" — circulated alongside federal pesos as de facto money, accepted for wages, taxes, and local commerce out of sheer necessity rather than legal tender status.

Casa de Moneda's involvement gave the issue a degree of physical credibility that some provincial scrip of the period lacked entirely. The PS# designation reflects its classification as a provincial/state issue rather than a central bank note.