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500 Intis
| Issuer | Banco Central de Reserva del Perú |
|---|---|
| Year | 1986 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Reference(s) | P#135 |
| Obverse description | Portrait of José Gabriel Condorcanqui (Túpac Amaru II) to the right, with the Peruvian Coat of Arms at centre. The issuer name arcs across the upper portion of the note, with the face value expressed numerically at the lower left and both right corners, and in words at lower centre. A guilloche-patterned watermark area occupies the left side of the note. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Central vignette of Huascarán mountain with a climber in the foreground. The issuer name appears across the top of the note, with the face value in numerals at the upper left and lower right corners, and in words at the lower left. |
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| Comments |
The Inti was introduced in February 1985 to replace the Sol at a rate of 1,000 to 1, itself an acknowledgment that inflation had already gutted the old currency. By 1986, when this 500 Inti note was issued, the rate was still superficially manageable — but within three years, hyperinflation would accelerate so severely that denominations would reach into the millions, and the Inti itself would be replaced by the Inti Millones in 1990, then abandoned entirely for the Nuevo Sol.
Printing was handled by the Fábrica Nacional de Moneda y Timbre in Madrid, as Peru's own production capacity was insufficient for the volume the crisis demanded.