|AR$1 coin obverse and reverse design||AR$5 coin obverse and reverse design|
The Central Bank of Argentina has released AR$1 and AR$5 coins which feature a jacaranda tree and a myrtle tree, respectively. They are both part of a new series of coins entitled “Trees of the Argentine Republic”. Both AR$1 coins and AR$5 old banknotes will stay in circulation alongside the new series.
The Central Bank will directly provide large companies, chambers of commerce, or similar institutions with AR$1 coin containers (carrying 150,000 coins in 300 bags having 500 units each) or AR$2 coin containers (carrying 100,000 coins in 200 bags having 500 units each) with a view to streamlining the coins distribution process. For More Information: firstname.lastname@example.org
In turn, they will be available to the general public progressively through financial institutions—the usual distribution channel.
This new series of coins consists of four denominations and will be completed with the AR$2 and AR$10 coins that will be launched in 2018 and will feature a silk floss tree and a myrtle tree, respectively.
The series comprises these four pieces, which range from the AR$10 coin (24.5 mm diameter) to the AR$1 peso coin (20 mm diameter).
Each coin has a different color.
Flower of the Silk Floss Tree
Flowers of the Myrtle Tree
Silk Floss Tree
Jacaranda mimosifolia. Bignoniaceae Family Commonly known as:jacaranda, tarco.
It is native to the Southern Yungas. Tree-planting extends down to the heart of the province of Buenos Aires for urban landscape purposes, particularly, on account of its purple-blue flower.
If you wish to visit the densest natural environment of the silk floss tree, you may go to the Phytogeographical Region of the Low Mountain Jungle (Selva Pedemontana). If you happen to visit or live in the Autonomous City of Buenos Aires, you may enjoy beautiful sceneries of over 11,000 silk floss trees (according to the 2010 Census of Urban Trees on Roadsides of the City), which were mostly planted as designed by the landscape architect Carlos Thays.
Luma apiculata. Myrtaceae Family Common known as: myrtle, arrayan, quetri, cuthu.
It grows in the Subantartic Forests, in the provinces of Neuquen, Rio Negro, and Chubut, near rivers and on lake banks.
If you wish to visit the natural environment of the myrtle tree, you can go to Los Arrayanes National Park at the south of the province of Neuquen, which hosts the thickest forest of myrtle trees in Argentina.
Silk Floss Tree
These new coins have been launched as part of the BCRA’s plan to standardize currency in circulation. This measure has been taken in conjunction with others, such as the introduction of banknotes of various denominations: AR$20, AR$200, AR$500 and AR$1000; the creation of an electronic platform to exchange banknotes among banks; and the destruction of over 1 billion damaged banknotes.