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Economy The Central Bank put the new 10,000 peso banknotes into circulation - Infobae

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The Central Bank put the new 10,000 peso banknotes into circulation - Infobae​


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Source:


May 07, 2024

This Tuesday, the monetary entity began the distribution of the new maximum denomination banknote through the network of bank branches and ATMs throughout the country.



The security measures detailed by the Central Bank
The Central Bank of the Argentine Republic (BCRA) has already put into circulation the new 10,000 peso bill , which will be progressively distributed starting this Tuesday through the network of bank branches and ATMs throughout the country.


The bill has the images of Manuel Belgrano and María Remedios del Valle , heroine of the War of Independence , on the obverse; and the artistic recreation of the scene of the Pledge of Allegiance held on February 27, 1812, on the reverse. Belgrano's image is from a portrait attributed to the French artist François Casimir Carbonnier , while the representation of the heroine belongs to the work La Capitana , made by the Argentine artist Gisela Banzer.


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Front and back of the brand new highest denomination bill.

This $10,000 bill, as well as the $20,000 bill with the image of Juan Bautista Alberdi - which will enter circulation in the last quarter of the year - will facilitate transactions between users, make the logistics of the financial system more efficient and less costly and will allow reducing significantly the acquisition costs of finished banknotes. Both banknotes belong to the “Heroines and Heroes of the Homeland” family announced in May 2022.


Security measures​

The new $10,000 bill has strict security measures, incorporated through special printing systems. Among others, there are the following, intended mainly for the general public, but will also allow machine recognition:

  • Watermark: in the blank sector, when looking at the bill against the light, you can see the portraits of María Remedios del Valle and Manuel Belgrano, as well as the initials of their names in a light tone.
  • Windowed security thread: a red security thread is inserted into the bill and is revealed in three “windows”. The thread presents a dynamic effect when moving the bill. When held against the light, it is seen as a continuous band and the acronym BCRA can be seen.
  • Optical Variability Ink: This motif changes color from gold to green when the banknote is tilted, presenting a dynamic three-dimensional effect.
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The back of the bill shows an image of the Pledge of Allegiance

The latent image - the letters “RA” can be seen when the bill is observed with grazing light - and the front-back complementation motif - when held back to light, the motif is completed and the value “10,000” appears - are other measures. security of the new bill.


The bill has identification for blind people: on the vertical edges you can feel the relief of the lines of the parallel bars.

The new species will retain the size of the bills in circulation and will be printed on cotton paper, with their traditional safeguards such as the watermark and security thread. In turn, through special printing systems, security elements will be incorporated that will be intended mainly for the general public, but will also allow machine recognition.

The issuance of larger denomination banknotes will facilitate transactions, make the logistics of the financial system more efficient and allow costs to be reduced.

"With the purpose of saving costs and shortening production times, the Board of Directors decided to use existing designs belonging to the 'Heroínas y Héroes de la Patria' family for the new banknotes," said a statement from the entity chaired by Santiago Bausili .

In the technological era, there are some applications that can be used from the cell phone to identify the originality of the banknotes. Among them, you can find Cash Reader Bill Identifier and MCT Money Reader. In both cases, the user must scan the bill by placing it in front of their phone's camera, and the app will indicate whether it is authentic or not.
 
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