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10 Soles de Oro

Issuer Banco Central de Reserva del Peru
Year 1969-1974
Type Standard circulation banknote
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Obverse lettering El Banco Central de Reserva del Perú Pagará al portador Diez Soles de Oro de acuerdo con su ley orgánica Lima, 9 de septiembre de 1971
(Translation: The Central Reserve Bank of Peru will pay the bearer Ten Soles de Oro in accordance with its organic law Lima, September 9, 1971)
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Protection description Watermark visible when held to light, typically a portrait or geometric pattern embedded in the paper.
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Comments

The P#100 series ran through one of Peru's more turbulent stretches of institutional instability — General Velasco Alvarado's military government, which seized power in October 1968, was nationalizing industries and rewriting economic policy throughout the period this note was in active production. Thomas De La Rue continued supplying Peru's central bank through all of it, an arrangement that had been in place since the mid-twentieth century and proved remarkably durable regardless of who held power in Lima.

The soles de oro denomination system itself was abolished in 1985 when hyperinflationary pressure forced Peru to introduce the inti at a conversion rate of 1,000 soles to one inti.

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