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1000 Pesos 100 Condores
| Issuer | Banco Central de Chile |
|---|---|
| Year | 1945-1947 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Old peso (1835-1959) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Log in to see details |
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| Protection type | Watermark |
| Protection description | Oval watermark area visible at right of reverse |
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| Comments |
Chile operated a dual-denomination system between 1925 and 1960 in which the Condor was pegged at ten Pesos, making this note worth precisely 100 Condores — a parallel valuation that appeared on the face of larger-denomination notes as an accounting convenience for foreign exchange and commercial transactions. The Banco Central had used this format since its founding in 1925, but by the mid-1940s the peg was increasingly theoretical as inflation steadily eroded the Peso's purchasing power.
Printed domestically by the Talleres de Especies Valoradas, the state security printing works in Santiago, rather than contracted abroad as earlier Chilean issues had been. The shift toward domestic production accelerated during the Second World War when shipping banknote paper and finished notes across the Atlantic became impractical.