<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>1405-2253</journal-id>
<journal-title><![CDATA[América Latina en la historia económica]]></journal-title>
<abbrev-journal-title><![CDATA[Am. Lat. Hist. Econ]]></abbrev-journal-title>
<issn>1405-2253</issn>
<publisher>
<publisher-name><![CDATA[Instituto de Investigaciones Dr. José María Luis Mora]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S1405-22532025000100006</article-id>
<article-id pub-id-type="doi">10.18232/20073496.1488</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[La moneda circulante en el Río de la Plata y el surgimiento de un mercado financiero, 1813-1850: de horizonte homogéneo a volatilidad estructural]]></article-title>
<article-title xml:lang="en"><![CDATA[Money and financial markets in the Río de la Plata after Independence, 1813-1850: From an homogenous horizon to structural volatility]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Djenderedjian]]></surname>
<given-names><![CDATA[Julio]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Martirén]]></surname>
<given-names><![CDATA[Juan Luis]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad de Buenos Aires  ]]></institution>
<addr-line><![CDATA[Avellaneda ]]></addr-line>
<country>Argentina</country>
</aff>
<aff id="Af2">
<institution><![CDATA[,Consejo Nacional de Investigaciones Científicas y Técnicas  ]]></institution>
<addr-line><![CDATA[Buenos Aires ]]></addr-line>
<country>Argentina</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>04</month>
<year>2025</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>04</month>
<year>2025</year>
</pub-date>
<volume>32</volume>
<numero>1</numero>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S1405-22532025000100006&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S1405-22532025000100006&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S1405-22532025000100006&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen En este artículo estudiamos los cambios en los sistemas monetarios y los inicios de un mercado financiero en la región del Río de la Plata durante la primera mitad del siglo xix. Se trata de un contexto de gran incertidumbre y volatilidad impulsado por las guerras de la independencia, la expansión del comercio atlántico y conflictos internos y externos posteriores. Se presentan nuevas series temporales de diversas de cotizaciones monetarias y financieras entre 1823 y 1850 en Buenos Aires y Montevideo, las dos principales plazas mercantiles de la región durante el periodo. Se ofrecen explicaciones sobre las dificultades experimentadas por ambas ciudades para imponer una nueva moneda y sobre la carrera divergente que experimentaron en esas décadas. Se postula, en ese sentido, que esa nueva divergencia tuvo consecuencias tanto dentro de las propias economías como en sus relaciones con otras regiones cercanas del antiguo imperio español y ultramarinas.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract This article studies the monetary changes in the Río de la Plata region during the first half of the 19th century. We also address the emergence of new financial markets in a context of great uncertainty and volatility, caused by the independence wars and the ensuing internal conflicts. The relevance of the topic lies in the fact that it covers a groundbreaking experiment with fiat currency in Buenos Aires, and, on the contrary, the setting of a fictional silver standard (with copper currency) in Montevideo, two cities with broad commercial ties, and whose actors have to find creative solutions to deal with the new conditions. This divergence had long-run consequences, both within the economies and in their relationship with neighboring or overseas regions.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[moneda]]></kwd>
<kwd lng="es"><![CDATA[finanzas]]></kwd>
<kwd lng="es"><![CDATA[guerras de independencia]]></kwd>
<kwd lng="en"><![CDATA[currency]]></kwd>
<kwd lng="en"><![CDATA[financial markets]]></kwd>
<kwd lng="en"><![CDATA[independence wars]]></kwd>
</kwd-group>
</article-meta>
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