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Peru Hyperinflation Banknotes

 

1,000,000 Intis 1990

1,000,000 Intis 1990 front
1,000,000 Intis 1990 back

Enlarge: Front1,000,000 Intis 1990 front
 & Back1,000,000 Intis 1990 back

Front: Jose Hipolito Unanue (1758-1833), Peruvian physician

Back: Medical college of San Fernando

 

San Fernando Medical College

San Fernando Medical College

Enlarge: CollegeSan Fernando Medical College

 

5,000,000 Intis 1990

5,000,000 Intis 1990 front
5,000,000 Intis 1990 back

Enlarge: Front5,000,000 Intis 1990 front
 & Back5,000,000 Intis 1990 back

Front: Antonio Raimondi (1826-1890), a prominent Italian-born Peruvian geographer and scientist

Back: Indian comforting Raimondi

Courtesy Ron Wise

Back to Hyperinflation Banknotes

Peru suffered from a hyperinflation during the period from around 1984 and extending beyond 1990. The highest denomination before 1985 was 50,000 Soles de Oro. By 1985, it was 500,000 Soles de Oro. In two subsequent currency reforms, 1 Intis was exchanged for 1000 Soles de Oro (1985) and 1 Nuevo Sol was exchanged for 1,000,000 Intis (1991). The overall impact of hyperinflation: 1 Nuevo Sol = 1,000,000,000 pre 1985 Soles de Oro.

 

 

 

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