Catalog
100 000 Intis
| Issuer | Banco Central de Reserva del Perú |
|---|---|
| Year | 1988 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Inti (1985-1991) |
| Composition | Log in to see details |
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| Printer | Log in to see details |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DE RESERVA DEL PERÚ 100000 CIEN MIL INTIS 100000 (on right, turned 90º) FRANCISCO BOLOGNESI (on right, turned 90º left, and right) 100000 100000 (Translation: Central Bank of Reserve of Peru 100,000 One hundred thousand Intis (on right, turned 90º) Francisco Bolognesi (on right, turned 90º left, and right) 100,000 100,000) |
| Reverse description | Log in to see details |
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| Protection type | Log in to see details |
| Protection description | Portrait of Francisco Bolognesi; embedded security thread, on certain printings overlaid with a segmented metallic foil strip |
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| Comments |
By 1988, Peru's Inti was in freefall. Annual inflation had already exceeded 1,700 percent that year and would climb past 3,000 percent before the currency was abandoned entirely in 1991. The 100,000-Inti note — the highest denomination issued for the series — was made necessary not by economic prosperity but by a monetary collapse driven largely by Alan García's first administration: price controls, nationalization attempts, and a unilateral cap on debt service payments that effectively isolated Peru from international credit.
Thomas De La Rue's involvement is the one constant across Peru's chaotic banknote production of this period. The Inti itself had only been introduced in 1985 to replace the Sol at a rate of 1,000 to one — a ratio that looks almost quaint in hindsight.