Catalog
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| Issuer | Banco Central de Reserva del Peru |
|---|---|
| Year | 1977 |
| Type | Log in to see details |
| Value | 50 Soles (50 PEH) |
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| Composition | Log in to see details |
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| Obverse description | At left, a vignette of workers in an industrial scene; at right, a portrait of Tupac Amaru II; the national arms appear at centre. Three signature lines are present below the central design, with the date printed vertically at left. Denomination numerals appear in all four corners, and the note belongs to Series H. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | A panoramic vignette of the historic town of Tinta occupies the central field, rendered in a landscape composition. The issuer name runs along the top margin, while the face value in full lettering appears along the lower margin. Denomination numerals are repeated in all four corners. |
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| Comments |
The Banco Central de Reserva del Perú operated its own intaglio printing facility in Lima — one of the few central banks in Latin America to do so — and this note is a product of that in-house operation. Self-printing gave the bank tighter control over production schedules during the late 1970s, a period when Peru was navigating severe external debt pressures under the military government of General Francisco Morales Bermúdez.
A print run of just over twelve million places this among the more modest issues in the P#113 series, consistent with inflationary pressure already eroding the utility of the 50 Soles denomination by the late 1970s. Within a few years, hyperinflation had rendered the entire Soles de Oro system obsolete; the currency was replaced by the Inti in 1985 at a rate of 1,000 to one.