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500 Intis
| Issuer | Banco Central de Reserva del Perú |
|---|---|
| Year | 1985-1987 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | BANCO CENTRAL DE RESERVA DEL PERU 500 QUINIENTOS INTIS JOSÉ GABRIEL CONDORCANQUI TUPAC AMARU II 500 (Translation: Central Reserve Bank of Peru 500 Five Hundred Intis José Gabriel Condorcanqui, Tupac Amaru II 500) |
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| Protection type | Watermark |
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| Comments |
The Inti replaced the Sol de Oro in February 1985 at a rate of 1,000 to one — itself a measure of how badly inflation had eroded the previous currency. By the time this 500 Inti note was being issued, the damage was already outpacing the reform. Annual inflation crossed 1,700% in 1988, and the denomination that had seemed substantial at launch became essentially useless within a few years of printing.
Bundesdruckerei handled the production, a logical choice given Peru's long relationship with German security printers. The Inti series would ultimately be replaced by the Inti Millones in 1990, itself a stopgap before the Nuevo Sol arrived and finally stabilized things.