In Argentina’s black market traders are getting picky about different USD bills:
- Newer dollars trade at face value, 100%
- Bills from before 1996 with a “small face” trade at 97% value, and sometimes are not accepted because of the counterfeit risk
https://www.cronista.com/finanzas-mercados/dolar-cara-chica-vs-cara-grande-como-distinguir-el-viejo-diseno-del-nuevo/
- Newer dollars trade at face value, 100%
- Bills from before 1996 with a “small face” trade at 97% value, and sometimes are not accepted because of the counterfeit risk
https://www.cronista.com/finanzas-mercados/dolar-cara-chica-vs-cara-grande-como-distinguir-el-viejo-diseno-del-nuevo/