Author: Federico Rivas Molina

In Argentina, the issue of inflation is evident in the high number of banknotes in circulation, with 11.9 billion bills spread among the population. Despite this, the value of the currency continues to decrease, making everyday expenses a cumbersome task. The highest denomination bill, 10,000 pesos, is only worth $10.20 officially and $7.70 on the black market, while 1,000-peso bills, which make up the majority, have a value far below their face amount. As the economy struggles, transactions often require a large number of bills, especially for larger purchases like a car or a meal. Businesses are increasingly offering discounts…