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100.000 Intis

Issuer Banco Central de Reserva del Perú
Year 1988
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Printer De La Rue Giori S.A., Lausanne
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Reverse lettering BANCO CENTRAL DE RESERVA DEL PERÚ
100000
CIEN MIL INTIS
LAGO TITICACA
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Protection description Andrés Avelino Cáceres portrait visible when held to light; embedded security thread running vertically through the note
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Comments

Peru's inti was introduced in 1985 to replace the sol at a rate of 1,000 to one — itself a concession to years of inflation. By 1988, when this 100,000-inti note was issued, annual inflation was running above 1,700 percent and accelerating sharply toward the hyperinflationary peak of 7,485 percent that would be recorded in 1990. The denomination is not an outlier; it was a necessity.

The note was printed by De La Rue Giori in Lausanne, whose intaglio equipment was in wide use across Latin American central banks during this period. Within two years of issue, the entire inti series was rendered obsolete by the introduction of the nuevo sol, which redenominated at one million intis to one.

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