Former currency of Peru
Peruvian inti
| inti peruano
(
Spanish
)
|
|---|
 I/.500 banknote obverse (1987)
|
|
| Code
| PEI
|
|---|
|
| Plural
| intis
|
|---|
| Symbol
| I/.
|
|---|
|
| Superunit
| |
|---|
| 1,000,000
| inti millon (I/m.)
|
|---|
| Subunit
| |
|---|
|
1
⁄
100
| centimo
|
|---|
| Banknotes
| I/.10, I/.50, I/.100, I/.500, I/.1,000, I/.5,000, I/.10,000, I/.50,000, I/.100,000, I/.500,000, I/.1,000,000, I/.5,000,000
|
|---|
| Coins
| 1, 5, 10, 20, 50 centimos, I/.1, I/.5
|
|---|
|
| Date of introduction
| 1 February 1985
|
|---|
| Replaced
| Peruvian sol
|
|---|
| Date of withdrawal
| 1991
|
|---|
| Replaced by
| Peruvian sol
|
|---|
| User(s)
| 
Peru
|
|---|
|
| Central bank
| Central Reserve Bank of Peru
|
|---|
| Website
| www
.bcrp
.gob
.pe
|
|---|
|
| Inflation
| >12,000%
|
|---|
| Value
| 1
000
000
PEI = 1
PEN
|
|---|
| This infobox shows the latest status before this currency was rendered obsolete.
|
10 centimos coin 1985
The
inti
was the
currency
of
Peru
between 1985 and 1991. Its
ISO 4217
code was
PEI
and its abbreviation was
I/.
The inti was divided into 100 centimos. The inti replaced the inflation-stricken
sol
. The new currency was named after
Inti
, the
Inca
sun god
.
History
[
edit
]
The inti was introduced on 1 February 1985, replacing the
sol de oro
which had suffered from high inflation. One inti was equivalent to 1,000 soles de oro. Coins denominated in the new unit were put into circulation from May 1985 and banknotes followed in June of that year.
By 1990, the inti had itself suffered from high inflation. As an interim measure, from January to July 1991, the "inti millon" (I/m.) was used as a unit of account. One inti millon was equal to 1,000,000 intis and hence to one new sol. The
nuevo sol
("new sol") was adopted on 1 July 1991, replacing the inti at an exchange rate of a million to one. Thus: 1 new sol = 1,000,000 intis = 1,000,000,000 soles de oro.
Inti notes and coins are no longer legal tender in Peru, nor can they be exchanged for notes and coins denominated in the current
nuevo sol
.
Coins
[
edit
]
Coins were introduced in 1985 in denominations of 1, 5, 10, 20, and 50 centimos (designs were taken from the previous 10, 50, 100, and 500
soles de oro
coins), plus 1 and 5 intis. The 1 centimo coin was issued only in 1985. The 5 centimo coins were issued until 1986. All the other denominations were issued until 1988. All coins featured Navy Admiral
Miguel Grau
: cent coins on the reverse, Inti coins on the obverse.
Banknotes
[
edit
]
In June 1985, notes were introduced in denominations of I/.10, I/.50 (taken from previous 10,000 and 50,000
soles de oro
notes) and I/.100, followed by I/.500 in December of the same year. The next year, I/.1,000 notes were added, followed by I/.5,000 and I/.10,000 in 1988. 50,000 and I/.100,000 notes were added in 1989. I/.500,000 denominations were added early in 1990, I/.1,000,000 denominations were added in mid-1990, and I/.5,000,000 intis in August 1990. The obverses featured:
500 intis with a portrait of
Tupac Amaru II
.
- I/.10 -
Ricardo Palma
, writer
- I/.50 -
Nicolas de Pierola
, President, finance minister
- I/.100 -
Ramon Castilla
, President, Army Marshal
- I/.500 -
Tupac Amaru II
, revolutionary leader
- I/.1,000 -
Andres Avelino Caceres
, President, Army Marshal
- I/.5,000 -
Miguel Grau
, Navy admiral
- I/.10,000 -
Cesar Vallejo
, writer
- I/.50,000 -
Victor Raul Haya de la Torre
, politician
- I/.100,000 -
Francisco Bolognesi
, Army colonel
- I/.500,000 - Ricardo Palma, writer
- I/.1,000,000 -
Hipolito Unanue
, medical doctor, nationalist
- I/.5,000,000 -
Antonio Raimondi
, scientist
See also
[
edit
]
External links
[
edit
]
