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5000 Chachos
| Issuer | Gobierno de la Provincia de La Rioja |
|---|---|
| Year | 2024 |
| Type | Log in to see details |
| Value | 5000 Chachos |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | At left, a vignette of Ángel Vicente Peñaloza ("Chacho") rendered in portrait style, accompanied by a QR code providing access to the BOCADE security verification system. The provincial coat of arms and an outline map of La Rioja province appear as additional design elements. The denomination and bond title are inscribed across the note in bold letterpress. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | A landscape vignette of the Quebrada del Cóndor, a scenic canyon characteristic of La Rioja province, occupies the central field. The provincial coat of arms and an outline map of La Rioja province are also present. The denomination and bond inscriptions are repeated in bold type. |
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| Comments |
La Rioja is one of several Argentine provinces that has periodically reverted to issuing its own quasi-currency when transfers from the federal government run dry. The Chacho — named after Ángel Vicente "Chacho" Peñaloza, the 19th-century caudillo who led uprisings against centralist Buenos Aires — has been used as a provincial scrip instrument in various forms since the early 2000s. The 2024 reissue reflects another breakdown in federal-provincial fiscal relations during a period of acute national monetary stress.
The QR code is a notable addition for a provincial emergency currency, allowing digital verification at the point of exchange — an acknowledgment that these instruments circulate in an environment of justified public skepticism.