The 500 Australes banknote issued in 1990 by the Central Bank of the Argentine Republic marks one of the highest denominations of the Austral series, in circulation from 1985 to 1991. This uncirculated note features an image of Domingo Faustino Sarmiento, a distinguished Argentine president and educator, on the obverse. The reverse portrays “Progreso”, symbolizing progress and national development. Printed on high-quality cotton paper with traditional security elements including watermark and security thread, this note is a notable piece for collectors of Latin American hyperinflation-era currency.
Obverse
Portrait of Nicolás Avellaneda
Script: Latin
Lettering:
BANCO CENTRAL DE LA REPUBLICA ARGENTINA
Quinientos Australes
Nicolás Avellaneda
Translation:
Central Bank of the Argentine Republic
Five hundred Australes
Nicolás Avellaneda
Reverse
Liberty (Progreso) with torch and shield seated at left center
Script: Latin
Lettering:
REPUBLICA ARGENTINA
Quinientos Australes
Translation:
Argentinian Republic
Five hundred Australes
Watermark
Multiple sunbursts.
© gyoschak (CC BY-NC-SA)
Signatures
| Elias Salama (ES) | General Manager | ![]() |
| José Luis Machinea (JLM) | President | ![]() |
| Rene E. De Paul (REDP) | General Manager | ![]() |
| Javier González Fraga (JGF) | President | ![]() |
Printer
Casa de Moneda, Argentina
Comments
| Issuer | Argentina |
|---|---|
| Issuing bank | Central Bank of the Argentine Republic (Banco Central de la República Argentina) |
| Ruling authority | Federal Republic (1861-date) |
| Type | Standard circulation banknotes |
| Years | 1988-1990 |
| Value | 500 Australes (500 ARA) |
| Currency | Austral (1985-1991) |
| Composition | Paper |
| Size | 155 × 65 mm |
| Shape | Rectangular |
| Demonetized | 30 November 1992 |





