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20 Nuevos Soles

Issuer Banco Central de Reserva del Perú
Year 1995
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Currency Nuevo Sol (1991-date)
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Obverse description Portrait of Raúl Porras Barrenechea at right in intaglio, with a central vignette of a colonial building set among palm trees within an oval frame. The national coat of arms appears in red at upper right, with three facsimile signatures across the centre identifying the Presidente, Director, and Gerente General. A circular security device is visible at lower left, and the denomination numeral '20' appears in red at lower left against a fine guilloche underprint.
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Reverse description The reverse is dominated by a detailed intaglio vignette of the Palacio de Torre Tagle, a celebrated 18th-century baroque colonial mansion in Lima, rendered in red-brown tones with fine architectural detail. The building's ornate façade, balconies, and central portal are clearly delineated, with the caption 'PALACIO DE TORRE TAGLE' below. A wavy guilloche pattern in light blue runs along the upper and right margins, and a watermark window circle appears at lower right.
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Orell Füssli's involvement here is characteristic of the Swiss firm's South American contracts during the 1990s, though by this point the partnership with De La Rue meant production responsibilities were split — Orell Füssli handling the substrate and certain intaglio work from Zürich while De La Rue contributed its own security printing expertise. The dual-printer arrangement was uncommon enough that attribution errors appear regularly in dealer listings.

The 1991 monetary reform that introduced the Nuevo Sol replaced the Inti at a rate of one million to one, erasing a decade of hyperinflationary damage. This 1995 note belongs to the consolidated series issued once confidence in the new currency had stabilized under the Fujimori-era economic program.