5000 PEN #411

Front

Traditional Peruvian weaving scene depicting three indigenous figures engaged in textile production, with fishing vessels visible in the background on Lake Titicaca. This vignette represents Peru's rich indigenous weaving traditions, particularly those of the Andean communities where textile arts have been central to cultural identity for millennia. The scene honours the skilled artisans who produce the distinctive woven fabrics for which Peru is internationally renowned.

Back

Nicolás de Piérola (1839–1913), Peruvian statesman who served twice as President of Peru (1879–1881 during the War of the Pacific, and 1895–1899). Known as 'El Califa,' Piérola implemented significant economic and administrative reforms during his second presidency, modernizing Peru's fiscal system and establishing the gold standard. His portrait appears alongside the coat of arms of Peru featuring the vicuña, cinchona tree, and cornucopia.

History

This note belongs to the Inti series (1985–1991), issued during a period of severe hyperinflation in Peru. The Inti replaced the Sol at 1,000:1 in 1985 under President Alan García's administration. The 5,000 Intis denomination was introduced on 28 June 1988 (as printed on the note) as inflation accelerated. By 1990, inflation reached over 7,000% annually. The Inti was replaced by the Nuevo Sol in 1991 at a conversion rate of 1,000,000:1, making this one of the last high-denomination notes of the hyperinflationary period. The note features Spanish text throughout and showcases both Peru's political history (Piérola) and its indigenous cultural heritage (traditional weaving). Pick catalogue reference P-137.