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50 000 Intis With segmented foil security thread

Issuer Banco Central de Reserva del Perú
Year 1988
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Currency Inti (1985-1991)
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Obverse lettering BANCO CENTRAL DE RESERVA DEL PERÚ
CINCUENTA MIL INTIS
28 DE JUNIO DE 1988
DIRECTOR
PRESIDENTE
GERENTE GENERAL
VÍCTOR RAÚL HAYA DE LA TORRE
(Translation: Central Reserve Bank of Peru / Fifty Thousand Intis / 28 June 1988 / Director / President / General Manager / Víctor Raúl Haya de la Torre)
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Protection description Víctor Raúl Haya de la Torre's portrait, visible when held to light; segmented foil security thread embedded vertically at left of centre on the obverse.
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Comments

Peru's hyperinflationary spiral through the late 1980s pushed denominations skyward at extraordinary speed — the Inti itself had only been introduced in 1985 to replace the Sol at 1,000 to one, yet by 1988 a 50,000-unit note was already insufficient for daily transactions. The segmented foil thread was a notably advanced security feature for a Latin American emission at this date, reflecting De La Rue's push to introduce the technology more broadly after its debut on British sterling notes earlier in the decade.

The Inti was abolished in 1991, replaced by the Nuevo Sol at a rate of one million to one.

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