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1/2 Escudo 50 Centésimos de Escudo
| Issuer | Banco Central de Chile |
|---|---|
| Year | 1962-1975 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | BANCO CENTRAL DE CHILE BERNARDO O`HIGGINS MEDIO ESCUDO CINCUENTA CENTESIMOS DE ESCUDO CASA DE MONEDA DE CHILE (Translation: Central Bank of Chile Bernardo O`Higgins Half Escudo Fifty Cents of Escudo Chile Mint) |
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| Reverse lettering | BANCO CENTRAL DE CHILE ★ CINCUENTA CENTESIMOS DE ESCUDO ★ CINCUENTA CENTESIMOS DE ESCUDO LLEGADA DE ALMAGRO A CHILE MEDIO ESCUDO (Translation: Central Bank of Chile Fifty Cents of Escudo Fifty Cents of Escudo Arrival of Almagro to Chile Half Escudo) |
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| Comments |
Chile's escudo replaced the peso at a rate of 1,000 to one in 1960, a redenomination designed to cope with chronic inflation — yet by the time this series was withdrawn in 1975, inflation had rendered even the escudo worthless, with the military junta ultimately replacing it with the new peso at 1,000 escudos to one, completing a full circle of monetary collapse.
The two signature combinations reflect successive central bank administrations across a turbulent thirteen-year print run that spanned Alessandri, Frei, Allende, and Pinochet governments. Casa de Moneda de Chile printed the entire series domestically.