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Peso Ley
The peso ley (unofficially ARL), usually known as either ''peso'' or, to distinguish it from the earlier ''peso moneda nacional'', informally as ''peso ley'', was the currency of Argentina between January 1, 1970, and May 5, 1983. It was subdivided into 100 centavos. Its symbol was ''$L'', sometimes ''$''. Its name comes from law 18188 which established it, effective April 5, 1969. History The peso ley replaced the peso moneda nacional at a rate of 100 to 1. It was itself replaced by the peso argentino at a rate of 10,000 to 1. The history of the various successive Argentine currencies called ''peso'' is detailed in the article on the Argentine peso. Coins In 1970 coins were introduced in denominations of 1, 5, 10, 20 and 50 centavos. As inflation eroded the currency's value, higher denominations were introduced: 1 peso in 1974, 5 and 10 pesos in 1976, and 50 and 100 pesos in 1978. Centavo Peso Banknotes Banknotes were issued in the following denominations: See also ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Argentina
Argentina (), officially the Argentine Republic ( es, link=no, República Argentina), is a country in the southern half of South America. Argentina covers an area of , making it the second-largest country in South America after Brazil, the fourth-largest country in the Americas, and the eighth-largest country in the world. It shares the bulk of the Southern Cone with Chile to the west, and is also bordered by Bolivia and Paraguay to the north, Brazil to the northeast, Uruguay and the South Atlantic Ocean to the east, and the Drake Passage to the south. Argentina is a federal state subdivided into twenty-three provinces, and one autonomous city, which is the federal capital and largest city of the nation, Buenos Aires. The provinces and the capital have their own constitutions, but exist under a federal system. Argentina claims sovereignty over the Falkland Islands, South Georgia and the South Sandwich Islands, and a part of Antarctica. The earliest recorded human prese ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jujuy
San Salvador de Jujuy (), commonly known as Jujuy and locally often referred to as San Salvador, is the capital and largest city of Jujuy Province in Argentine Northwest, northwest Argentina. Also, it is the seat of the Doctor Manuel Belgrano Department. It lies near the southern end of the Quebrada de Humahuaca, Humahuaca Canyon where wooded hills meet the lowlands. Its population at the was 237,751 inhabitants. If its suburbs are included, this figure rises to around 300,000. The current mayor is Raúl Jorge. City information The city lies on National Route 9 (Argentina), National Route 9 that connects La Quiaca with Salta , and it is from Buenos Aires. Tourist destinations not far from the city are Tilcara ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic History Of Argentina
The economic history of Argentina is one of the most studied, owing to the "Argentine paradox." As a country, it had achieved advanced development in the early 20th century but experienced a reversal, which inspired an enormous wealth of literature and diverse analysis on the causes of this decline. Since independence from Spain in 1816, the country has defaulted on its debt nine times; inflation has often risen to the double digits, even as high as 5000%, resulting in several large currency devaluations. Argentina possesses definite comparative advantages in agriculture because the country is endowed with a vast amount of highly fertile land. Between 1860 and 1930, exploitation of the rich land of the pampas strongly pushed economic growth. During the first three decades of the 20th century, Argentina outgrew Canada and Australia in population, total income, and per capita income. By 1913, Argentina was the world's 10th wealthiest state per capita. Beginning in the 1930s, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currencies Of Argentina
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "curre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Latin American Debt Crisis
The Latin American debt crisis ( es, Crisis de la deuda latinoamericana; pt, Crise da dívida latino-americana) was a financial crisis that originated in the early 1980s (and for some countries starting in the 1970s), often known as ''La Década Perdida'' (The Lost Decade), when Latin American countries reached a point where their foreign debt exceeded their earning power, and they were not able to repay it. Origins In the 1960s and 1970s, many Latin American countries, notably Brazil, Argentina, and Mexico, borrowed huge sums of money from international creditors for industrialization, especially infrastructure programs. These countries had soaring economies at the time, so the creditors were happy to provide loans. Initially, developing countries typically garnered loans through public routes like the World Bank. After 1973, private banks had an influx of funds from oil-rich countries which believed that sovereign debt was a safe investment. Mexico borrowed against future ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
La Década Perdida
"La Década Perdida" ("The Lost Decade") of Latin America is a Spanish term used to describe the economic crisis suffered in Latin America during the 1980s, which continued for some countries into the next decade. In general, the crisis was composed of unpayable external debts, taxes, and volatile inflation and exchange rates, which in the majority of the countries in the region were fixed. Overview During the 1970s, the rise in prices of raw materials (primarily oil) and the decrease in the value of the dollar caused US dollars to flow into Latin America, a region that then debated between an industrial model directed from the state or a market based model. In 1980, the decreased price of raw materials and the rise of interest rates in the industrialized countries generated a lack of resources, which provoked a massive depreciation of exchange rates, appreciating the real interest rate on the debt, a situation made worse by the presence of excessively large bureaucracies. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
May Revolution
The May Revolution ( es, Revolución de Mayo) was a week-long series of events that took place from May 18 to 25, 1810, in Buenos Aires, capital of the Viceroyalty of the Río de la Plata. This Spanish colony included roughly the territories of present-day Argentina, Bolivia, Paraguay, Uruguay, and parts of Brazil. The result was the removal of Viceroy#Spanish Empire, Viceroy Baltasar Hidalgo de Cisneros and the establishment of a local government, the Primera Junta (''First Junta''), on May 25. The May Revolution was a direct reaction to Peninsular War, Napoleon's invasion of Spain. In 1808, King Ferdinand VII of Spain Abdications of Bayonne, abdicated in favor of Napoleon, who granted the throne to his brother, Joseph Bonaparte. A Supreme Central and Governing Junta of the Kingdom (Spain), Supreme Central Junta led resistance to Joseph's government and the French occupation of Spain, but eventually suffered Peninsular War#Corunna campaign, 1808–1809, a se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Entre Ríos Province
Entre Ríos (, "Between Rivers") is a central province of Argentina, located in the Mesopotamia region. It borders the provinces of Buenos Aires (south), Corrientes (north) and Santa Fe (west), and Uruguay in the east. Its capital is Paraná (250,000 inhabitants), which lies on the Paraná River, opposite the city of Santa Fe. Together with Córdoba and Santa Fe, since 1999, the province is part of the economic-political association known as the Center Region. History The first inhabitants of the area that is now Entre Ríos were the Charrúa and Chaná who each occupied separate parts of the region. Spaniards entered in 1520, when Rodríguez Serrano ventured up the Uruguay River searching for the Pacific Ocean. The first permanent Spanish settlement was erected in the current La Paz Department at the end of the 16th century. As governor of Asunción first and then of Buenos Aires, Hernandarias conducted expeditions to Entre Ríos unexplored lands. Juan de Garay, af ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
El Palmar National Park
El Palmar National Park (in Spanish, ''Parque Nacional El Palmar'') is one of Argentina's national parks, located on the center-east of the province of Entre Ríos, midway between the cities of Colón (54 km) and Concordia (60 km). It has an area of about 85 km2 and was created in 1966 for the preservation of its characteristic yatay palm trees (''Butia yatay'', formerly ''Syagrus yatay''). The park has a temperate-humid savanna ecosystem, typical of the Argentine Mesopotamia. The terrain features patches of palm trees of several species, grassland, small woods and forest, interrupted by streams flowing east into the Uruguay River. The local fauna includes woodpeckers, ñandús, foxes, viscacha Viscacha or vizcacha (, ) are rodents of two genera ('' Lagidium'' and ''Lagostomus'') in the family Chinchillidae. They are native to South America and convergently resemble rabbits. The five extant species of viscacha are: *The plains visc ...s, and capybaras. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mar Del Plata
Mar del Plata is a city on the coast of the Atlantic Ocean, in Buenos Aires Province, Argentina. It is the seat of General Pueyrredón district. Mar del Plata is the second largest city in Buenos Aires Province. The name "Mar del Plata" is a shortening of "Mar del Rio de la Plata," and has the meaning of "sea of the Rio de la Plata basin" or "adjoining sea to the (River) Plate region". Mar del Plata is one of the major fishing ports and the biggest seaside beach resort in Argentina. With a population of 614,350 as per the , it is the 5th largest city in Argentina. Economy As part of the Argentine recreational coast, tourism is Mar del Plata's main economic activity with seven million tourists visiting the city in 2006. Mar del Plata has a sophisticated tourist infrastructure with numerous hotels, restaurants, casinos, theatres and other tourist attractions. Mar del Plata is also an important sports centre with a multi-purpose Olympic style stadium (first used for the 1978 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Buenos Aires
Buenos Aires ( or ; ), officially the Autonomous City of Buenos Aires ( es, link=no, Ciudad Autónoma de Buenos Aires), is the capital and primate city of Argentina. The city is located on the western shore of the Río de la Plata, on South America's southeastern coast. "Buenos Aires" can be translated as "fair winds" or "good airs", but the former was the meaning intended by the founders in the 16th century, by the use of the original name "Real de Nuestra Señora Santa María del Buen Ayre", named after the Madonna of Bonaria in Sardinia, Italy. Buenos Aires is classified as an alpha global city, according to the Globalization and World Cities Research Network (GaWC) 2020 ranking. The city of Buenos Aires is neither part of Buenos Aires Province nor the Province's capital; rather, it is an autonomous district. In 1880, after decades of political infighting, Buenos Aires was federalized and removed from Buenos Aires Province. The city limits were enlarged to include t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Plaza De Mayo
The Plaza de Mayo (; en, May Square) is a city square and main foundational site of Buenos Aires, Argentina. It was formed in 1884 after the demolition of the Recova building, unifying the city's Plaza Mayor and Plaza de Armas, by that time known as ''Plaza de la Victoria'' and ''Plaza 25 de Mayo,'' respectively. The city centre of Buenos Aires, Plaza de Mayo has been the scene of the most momentous events in Argentine history, as well as the largest popular demonstrations in the country. On the occasion of the first anniversary of the May Revolution in 1811, the Pirámide de Mayo ( en, May Pyramid) was inaugurated in the square's hub, becoming Buenos Aires' first national monument. It is located in the financial district known as '' microcentro'', within the ''barrio'' ( en, neighborhood) of Monserrat. It is bounded by Bolívar, Hipólito Yrigoyen, Balcarce and Avenida Rivadavia streets; and from its west side three important avenues are born: Avenida Presidente Julio Argenti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
