Argentine peso moneda nacional 1 dollar in 1933. Between 1934 and 1939, the peso was pegged to the British pound at a rate of 15 pesos = 1 pound. High inflation in the post-war period lead to the introduction of the "peso ley" in 1970 at the rate of 100 pesos moneda nacional = 1 peso ley. In 1881, silver 10, 20 and 50 centavos and 1 peso and gold 1 argentino coins were introduced, followed by bronze 1 and 2 centavos the next year. Silver coins ceased production in 1883, with gold coins ending in 1896. Base metal 5, 10 and 20 centavos
Global silver trade from the 16th to 18th centuries to coins in the early period of the Ming Dynasty. The Ming paper currency eventually failed due to self-imposed inflation along with an inability to stop the production of counterfeit bills. The Ming attempted to produce copper coins as a new form of currency, but production was inconsistent. Hence silver became of high value because it was a valid currency that could be processed abroad. The bimetallic ratio of silver to gold was about two to one, which meant that European and Japanese merchants made a large amount of profit. In the 1640s, the bimetallic ratios in China converged with