500 Pesos

Argentina's chronic inflation made the 500 peso note's useful life remarkably short. Introduced in 2016 as the highest denomination in the new "Peso" series that replaced the Peso Convertible notes, it was already struggling to maintain practical relevance within a few years as annual inflation routinely exceeded 50 percent and then surged past 100 percent. The note was never going to last long in purchasing power terms.

Casa de Moneda in Buenos Aires has printed Argentine currency domestically for well over a century, though the institution has periodically relied on foreign contractors during periods of exceptional demand — this series was produced in-house throughout.