Peru's military government under General Juan Velasco Alvarado introduced sweeping nationalizations during this period — oil, mining, fishing — and the sol coinage absorbed the resulting fiscal pressure. By 1975, inflation was accelerating sharply, and this denomination's purchasing power had eroded enough that a new monetary unit, the inti, would eventually replace the sol entirely in 1985.
Peru's military government under General Juan Velasco Alvarado introduced sweeping nationalizations during this period — oil, mining, fishing — and the sol coinage absorbed the resulting fiscal pressure. By 1975, inflation was accelerating sharply, and this denomination's purchasing power had eroded enough that a new monetary unit, the inti, would eventually replace the sol entirely in 1985.