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1 Characato de Oro
| Issuer | Banco Central de Reserva de Arequipa |
|---|---|
| Year | |
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| Composition | Paper |
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| Obverse lettering | BANCO CENTRAL de RESERVA de AREQUIPA 1 CHARACATO DE ORO LONCCO AREQUIPEÑO (Translation: CENTRAL RESERVE BANK OF AREQUIPA 1 GOLDEN CHARACATO (used as a demonym of Arequipa) PEASANT OF AREQUIPA) |
| Reverse description | Orange and brown tones on an orange underprint. At left, a vignette of a colonial church with a fountain courtyard; at centre, a coat of arms with radiating sunburst behind a volcanic peak; in the foreground, a farmer ploughing with two oxen. Denomination numeral "1" at lower left and at right with rosette; inscription "CHARACATO DE ORO" at lower right. Designer credit "WILLY GALDOS" at lower right margin. |
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| Comments |
The Banco Central de Reserva de Arequipa is not a nationally chartered institution — it is a regional project, one of several proposals that emerged from Arequipa's long-running political tension with Lima. The "Characato de Oro" denomination name itself is a pointed localism: a characato is a colloquial term for a native Arequipeño, drawn from the Quechua word for a type of frog found in the region's agricultural valleys. Naming the unit of account after it was a deliberate assertion of regional identity over national monetary authority.
Whether this note ever achieved legal tender status or saw any documented circulation is unclear from available records.