Catalog
100 000 Intis
| Issuer | Banco Central de Reserva del Perú |
|---|---|
| Year | 1989 |
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| Value | Log in to see details |
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| Composition | Log in to see details |
| Size | 150 × 75 mm |
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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 |
| Reverse lettering | 100000 BANCO CENTRAL DE RESERVA DEL PERÚ LAGO TITICACA CIEN MIL INTIS 100000 (Translation: 100,000 Central Bank of Reserve of Peru Titicaca Lake One hundred thousand Intis 100,000) |
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| Comments |
The 100,000 Intis note exists because the Inti itself was already failing. Peru's currency had been introduced in 1985 to replace the collapsing Sol at a rate of 1,000 to one, but inflation driven by the Alan García government's heterodox economic policies — price controls, nationalization attempts, and unchecked money printing — destroyed the Inti even faster. By 1989, annual inflation was running above 3,000 percent. This denomination, unthinkable at the Inti's launch just four years earlier, was a direct arithmetic consequence of that collapse.
Printing was contracted to Banco de México — an unusual arrangement that reflects how overstretched domestic production capacity had become under the pressure of issuing ever-larger denominations in ever-greater volumes. The Inti was retired entirely in 1991, replaced by the Nuevo Sol at one million Intis to one.