Catalog
1 000 000 Intis
| Issuer | Banco Central de Reserva del Peru |
|---|---|
| Year | 1990 |
| Type | Log in to see details |
| Value | 1 000 000 Intis (1 000 000 PEI) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DE RESERVA DEL PERU UN MILLON DE INTIS 1000000 1000000 HIPOLITO UNANUE 5 DE ENERO DE 1990 DIRECTOR PRESIDENTE GERENTE GENERAL |
| Reverse description | Multicolour intaglio print on a guilloche underprint in purple and green tones, dominated by a finely engraved architectural vignette of the Facultad de Medicina San Fernando building across the left and centre of the note. The denomination "UN MILLON DE INTIS" appears in bold letterpress at lower centre within a guilloche panel, with the numeral "1000000" repeated at upper left and lower right. The printer's imprint "THOMAS DE LA RUE AND COMPANY LIMITED" is set along the bottom edge. |
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| Comments |
Peru's inti had already collapsed in practical terms before this note was printed. Inflation peaked above 7,600% in 1990 — the year this denomination was issued and also the year the currency itself was abolished, replaced by the nuevo sol at a conversion rate of one million intis to one nuevo sol. That exchange rate is, in effect, the denomination printed on this note.
Because the inti was scrapped almost immediately after these million-unit notes entered circulation, few saw extended use. Thomas De La Rue produced the printing in London, which was standard for Banco Central de Reserva issues throughout the hyperinflationary period.