The intis entered into circulation in Peru on February 1, 1985 and only lasted until 1991, when the new Sun. At that time, inflation affected the economy of Peruvians so much that to buy food, clothing, artifacts or any type of input, one had to carry a huge wad of intis. Now, for example, having 5 million intis would not be enough if you want to pay for a basic family basket.
How much is a million intis currently worth?
According to the Central Reserve Bank of Peru (BCRP), to convert intis to soles you only have to do the following conversion: divide the amount in intis by 1 million. For example: 12 million intis among a million equals 12 soles.
In the same way, 5 million intis is equal to 5 soles, half a million intis is worth 50 cents and so on with any amount of the penultimate currency of Peru.
What can you buy with a million intis?
Therefore, according to the conversion table of the BCRP, a million intis would be equal to one sol and that would be enough for you currently to buy a lettuce, a corn or a rocoto. While, with 5 million intis (equivalent to 5 soles), you could buy a piece of butter, a package of chicken sausage or a canned tuna.
Source: Larepublica
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