50 Nuevos Soles

The Nuevo Sol series was introduced in 1991 to replace the Inti at a rate of one million to one, a direct consequence of the hyperinflationary collapse that had seen Peru's price level rise by roughly two million percent between 1988 and 1990. By 2001, when this note was printed, the currency had stabilized sufficiently that the "Nuevo" prefix was retained — it would not be officially dropped until 2015 when the denomination reverted simply to "Sol."

De La Rue's Gateshead facility handled much of Peru's output during this period, a relationship that stretched across multiple series revisions.