5.000 Pesos

Banco de la República has operated its own printing facility in Bogotá since the 1950s, one of relatively few central banks in Latin America to maintain full in-house production — giving Colombian notes a degree of quality control and design autonomy unusual for the region. Miguel Urrutia Montoya, whose signature appears here as Gerente General, was an economist of some standing who served the bank through much of the 1990s and into the 2000s, a period of considerable monetary pressure as Colombia worked to bring inflation under control after years of double-digit rates.