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50 000 Intis With inner security thread

Issuer Banco Central de Reserva del Peru
Year 1988
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Value 50 000 Intis (50 000 PEI)
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Obverse description Red, violet, and dark blue intaglio on multicolor guilloche underprint. Portrait vignette of Victor Raul Haya de la Torre at right, with the national arms at center. The issuer title and denomination are rendered in bold letterpress across the note face.
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Reverse description Dark blue and red on multicolor underprint. Central vignette presents an interior view of the Congreso Nacional chamber, rendered in fine intaglio detail with tiered seating arranged in a hemicycle around a central table. A red pre-Columbian condor motif appears at lower right, and guilloche rosette panels frame the composition at left and lower right. The denomination legend runs in large red letterpress along the lower margin, with the printer's imprint at bottom right.
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Peru's inti was introduced in 1985 to replace the sol at a rate of 1,000 to one, itself a response to accelerating inflation. By 1988, that inflation had become hyperinflation — the inti lost roughly 1,700% of its value that year alone — and the 50,000-inti denomination, unthinkable at the currency's launch, was already struggling to keep pace with daily prices.

The inner security thread distinguishes this from earlier printings of P#142, which lacked it. Rome's Istituto Poligrafico e Zecca dello Stato produced the series throughout, an unusual arrangement given that Peru had domestic printing capacity, but one that reflected the Banco Central's preference for tighter production controls during a period of acute monetary instability.