Catalog
50 Nuevos Soles
| Issuer | Banco Central de Reserva del Perú |
|---|---|
| Year | 1994 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Nuevo Sol (1991-2015) |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Security thread, Hologram, Watermark |
| Protection description | Embedded security thread visible when held to light; holographic foil patch at lower left of obverse; watermark visible in the clear margin area when held to light. |
| Variants | Log in to see details |
| Comments |
Peru's transition to the nuevo sol in 1991 was a direct response to the hyperinflationary collapse of the inti, which had depreciated so catastrophically that by 1990 the inflation rate exceeded 7,000 percent annually. The nuevo sol was introduced at a rate of one million intis to one — an exchange that effectively erased six zeros from the currency.
The BCRP printing this note in-house rather than contracting abroad reflects a policy shift toward domestic production capacity that the bank had been building since the 1980s. The hologram inclusion by 1994 was still relatively novel for Latin American central banks at that time.