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50 Nuevos Soles

Issuer Banco Central de Reserva del Perú
Year 2001
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Size 140 × 65 mm
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Obverse lettering BANCO CENTRAL DE RESERVA DEL PERÚ
CINCUENTA NUEVOS SOLES
ABRAHAM VALDELOMAR PINTO
PRESIDENTE DIRECTOR
GERENTE GENERAL
27 DE SETIEMBRE DEL 2001
50
Reverse description Panoramic intaglio vignette of the Laguna de Huacachina oasis in the Ica desert, with the tranquil lagoon at centre surrounded by palm trees, reed beds, and a small settlement nestled beneath towering sand dunes. The issuer's name BANCO CENTRAL DE RESERVA DEL PERÚ runs along the top in blue letterpress, with the legend LAGUNA DE HUACACHINA inscribed below the vignette and the denomination CINCUENTA NUEVOS SOLES at the bottom. Guilloche patterns in blue and yellow occupy the right margin alongside the numeral 50.
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Comments

The Nuevo Sol series was introduced in 1991 to replace the Inti at a rate of one million to one, a direct consequence of the hyperinflationary collapse that had seen Peru's price level rise by roughly two million percent between 1988 and 1990. By 2001, when this note was printed, the currency had stabilized sufficiently that the "Nuevo" prefix was retained — it would not be officially dropped until 2015 when the denomination reverted simply to "Sol."

De La Rue's Gateshead facility handled much of Peru's output during this period, a relationship that stretched across multiple series revisions.

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