Catalog
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| Issuer | Banco Central de Reserva del Perú |
|---|---|
| Year | 1988 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | De La Rue Giori S.A., Lausanne |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | BANCO CENTRAL DE RESERVA DEL PERÚ 100000 CIEN MIL INTIS LAGO TITICACA |
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| Protection type | Log in to see details |
| 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.