Historic Croatian kuna Argentine peso

14/09/2020: Introduction of Currency Controls

Argentina tightens currency controls to stabilize the peso and prevent capital flight, imposing restrictions on foreign currency purchases and transfers, marking a significant shift in monetary policy.

30/06/2020: Introduction of new banknotes

New banknotes of the Croatian kuna were introduced to enhance security features and improve durability.

11/08/2019: Primary Elections and Peso Devaluation

Following the primary elections, uncertainty in the financial markets leads to a significant devaluation of the peso, causing economic turmoil and further exacerbating the country's financial difficulties.

09/12/2015: Change in Government

Mauricio Macri assumes the presidency, bringing in economic reforms and liberalization policies, impacting the exchange rate and the value of the Argentine peso.

30/06/2013: Croatia becomes EU member

Croatia officially became a member of the European Union, strengthening the integration of the kuna within the European financial system.

30/06/2008: The Croatian National Bank takes over currency issuance

The Croatian National Bank started issuing all denominations of kuna banknotes, taking over this responsibility from the Croatian Monetary Institute.

30/06/2004: Croatia joins EU Exchange Rate Mechanism

Croatia joined the European Union Exchange Rate Mechanism, a precursor to adopting the Euro as the country's currency.

02/12/2001: Economic Crisis and Devaluation

Argentina faces a severe economic crisis, resulting in the devaluation of the peso, leading to a sharp decline in its value and triggering social and political unrest.

14/11/1999: Currency stabilization

The Croatian National Bank implemented measures to stabilize the value of the kuna, reducing inflation and ensuring economic stability.

30/06/1997: Kuna becomes convertible currency

The Croatian Kuna became a fully convertible currency, allowing for free exchange and trade.

29/05/1994: Introduction of the Croatian Kuna

The Croatian kuna was introduced as the official currency of Croatia, replacing the Yugoslav Dinar.

31/03/1991: Introduction of Convertibility Plan

The Convertibility Plan is implemented, fixing the exchange rate between the Argentine peso and the US dollar on a one-to-one basis, as an attempt to control inflation.

06/01/1985: Introduction of Austral as a new currency

The Argentine government replaces the peso with the Austral as the new currency, aiming to stabilize the economy and tackle hyperinflation.

29/01/1983: End of the military dictatorship

After seven years of military rule, democratic elections are held in Argentina, leading to the end of the military dictatorship and the beginning of a period of economic and political transition.