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Encyclopedia > Argentine real

The real was the currency of Argentine until 1881. Spanish colonial reales circulated alone until 1813, when Argentina began issuing its own coins. These were denominated in reales and soles, which were equal in value, together with escudos worth 16 reales. The state of Buenos Aires issued its own coins starting in 1822, denominated in reales and decimos, with 10 decimos = 1 real. 1881 was a common year starting on Saturday (see link for calendar). ... Buenos Aires (Good Airs in Spanish, originally meaning Fair Winds) is the capital of Argentina and its largest city and port, as well as one of the largest cities in Latin America. ...


The real was replaced by the peso in 1881 at a rate of 8 reales = 1 peso. The Argentine peso (originally established as the nuevo peso argentino or peso convertible) is the currency of Argentina. ...



 

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