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200 Pesos Oro

Issuer Banco de la República
Year 1978-1982
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Value 200 Pesos (200 COP)
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Obverse lettering EL BANCO DE LA REPUBLICA 200 PAGARA AL PORTADOR DOSCIENTOS PESOS ORO 1° DE ENERO DE 1982 COLOMBIA SIMON BOLIVAR GERENTE SECRETARIO
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Reverse lettering BANCO DE LA REPUBLICA · BOGOTA COLOMBIA · DOSCIENTOS PESOS ORO IMPRENTA DE BILLETES — BOGOTA
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Comments

The 200 Pesos Oro denomination was introduced in 1974 as Colombia's economy absorbed the inflationary pressures of the 1970s commodity boom — coffee prices in particular spiked dramatically on world markets after the 1975 Brazilian frost, flooding the Colombian economy with export revenue and pushing demand for higher-denomination notes. By the time this series ran through 1982, the 200-peso note was already being outpaced; a 500-peso note had been introduced and the 200 would eventually be discontinued as inflation continued eroding its purchasing power.

Production split between Thomas De La Rue in London and the Imprenta de Billetes in Bogotá, which the Banco de la República had established specifically to bring banknote printing in-house. Notes from the two print runs are distinguishable by subtle differences in ink saturation and registration quality.

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