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100 Intis

Issuer Banco Central de Reserva del Perú
Year 1985
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Shape Rectangular
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Obverse description At right, a three-quarter-facing intaglio portrait of Ramón Castilla is accompanied by his name in small lettering below. The national arms of Peru occupy an ornate circular vignette at upper centre, set against radiating guilloche patterns that extend across the face. The denomination '100' appears in large numerals at centre-left beneath the issuer's title 'BANCO CENTRAL DE RESERVA DEL PERÚ' along the top, with 'CIEN INTIS' in bold letterpress along the lower margin and two facsimile signatures with titles above the date line.
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Reverse description The central vignette, rendered in fine intaglio line work, shows a textile worker at an industrial spinning machine with large rolls of fabric in the foreground. The issuer's name 'BANCO CENTRAL DE RESERVA DEL PERÚ' runs across the full width at upper left, while '100' appears at upper right and again in large numerals at lower left. A pre-Columbian decorative motif in reddish-brown is positioned at right, set against pale guilloche underprint work.
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The Inti replaced Peru's Sol de Oro in February 1985 at a rate of 1,000 to 1 — a redenomination that acknowledged, without solving, the hyperinflationary pressure already tearing through the economy. This 100 Inti note was a high denomination at launch; within two years, inflation had made it effectively petty cash. By 1990, when the Inti itself was replaced by the Nuevo Sol, the cumulative inflation over the currency's short lifespan had exceeded two million percent.

Local printing by the Banco Central de Reserva was a cost and control measure but limited the sophistication of available security features — the watermark being essentially the only anti-counterfeiting element of note.