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20 000 Pesos
| Issuer | Banco Central de Chile |
|---|---|
| Year | 1998-2008 |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Lilac, brown, green and multicolour intaglio print. A vignette of Don Andrés Bello occupies the centre-right, rendered in fine line engraving; at centre, a condor perched above an open book serves as an allegorical symbol of Justice. Guilloche underprint patterns fill the field, with the denomination and issuing authority inscribed in letterpress. |
|---|---|
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| Protection description | Portrait of Don Andrés Bello |
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| Comments |
The 20,000 peso denomination was introduced by the Banco Central de Chile in 1998 as a high-value note responding to cumulative inflation that had eroded the purchasing power of smaller denominations over the preceding decades — Chile's stabilization program had tamed annual inflation by the mid-1990s, but the denomination structure still needed upward adjustment. Printed domestically by the Casa de Moneda de Chile, this series reflects the central bank's deliberate policy of bringing production fully in-house rather than relying on foreign security printers.
The series ran through 2008, when polymer substrate replacements began phasing out the cotton paper stock across Chile's higher denominations.