10 000 Soles de Oro

By 1981, Peru's inflation was accelerating sharply — the 10,000 Soles de Oro denomination, unthinkable a decade earlier, had become a practical necessity rather than a prestige issue. The sol had been deteriorating since the mid-1970s under the weight of military government borrowing and collapsing export revenues, and the Banco Central was effectively chasing price levels with new high-denomination printings.

ABNC retained the contract for Peruvian notes through this period, as they had since the mid-twentieth century. The series would be superseded within a few years when the Inti replaced the sol entirely in 1985, at a conversion rate of 1,000 soles to one inti — making this note worth exactly ten intis on the day of the changeover.