Peru's inti was introduced in 1985 to replace the sol at a rate of 1,000 to one, but inflation quickly made the denomination ladder obsolete. By the time this 10,000-inti note was printed in 1988, the currency was already losing ground to hyperinflation — within two years, the inti itself would be scrapped in favor of the nuevo sol, at a conversion rate of one million intis to one nuevo sol.
The Rome printer, IPZS, handled much of Peru's high-denomination output during this period as domestic printing capacity struggled to keep pace with monetary collapse.
Peru's inti was introduced in 1985 to replace the sol at a rate of 1,000 to one, but inflation quickly made the denomination ladder obsolete. By the time this 10,000-inti note was printed in 1988, the currency was already losing ground to hyperinflation — within two years, the inti itself would be scrapped in favor of the nuevo sol, at a conversion rate of one million intis to one nuevo sol.
The Rome printer, IPZS, handled much of Peru's high-denomination output during this period as domestic printing capacity struggled to keep pace with monetary collapse.