Original: Only in 1947 were the first peso oro notes issued by the Central Bank in denominations of 1, 5, 10, 20, 50, 100, 500 and 1000 pesos oros.
Simplified: However, due to inflation, coins below 1 peso are now rarely found. Banknotes in use are 10, 20, 50, 100, 500, 1000 and 2000 pesos.