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500 000 Intis
| Issuer | Banco Central de Reserva del Peru |
|---|---|
| Year | 1988-1989 |
| Type | Log in to see details |
| Value | 500 000 Intis (500 000 PEI) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DE RESERVA DEL PERU QUINIENTOS MIL INTIS 21 DE DICIEMBRE DE 1989 500000 500000 500000 |
| Reverse description | Blue, purple, and red multicolour print. A detailed architectural vignette at centre occupies most of the face, illustrating the facade of the Iglesia de la Caridad, venue of Peru's first National Congress, set against a mountainous background with a tree to the left. Denomination panels with geometric guilloche patterns frame both sides, and the value is repeated in bold lettering at lower centre. |
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| Comments |
Peru's hyperinflationary spiral in the late 1980s under the García administration was among the most severe in Latin American history — annual inflation peaked above 7,000 percent in 1990. The 500,000 Intis denomination, unimaginable when the Inti was introduced to replace the Sol in 1985, became routine by 1989. The Inti itself was abolished in 1991, replaced by the Nuevo Sol at a rate of one million to one.
The dual-printer arrangement — Banco de México and Thomas De La Rue — reflects production capacity under crisis conditions, and notes from each source show subtle differences in ink saturation and paper feel that specialists use to distinguish them.