Banknote Blog

Collector's Guide · Argentina · Hyperinflation History Argentina's Austral: The Currency That Lasted Six Years and Lost Five Zeros In 1985 Argentina launched a brand-new currency to end inflation for good. By 1989 shoppers were sprinting to beat price stickers that changed during a single trip to the market. This is the story of the austral, the note it ended with, and why bank bricks of it now sit in collections around the world. Quick answer: The austral was Argentina's currenc …