Do you have a 5 million intis TICKET? This is its unusual value in the current economy, according to the BCRP

The inti was a monetary unit that came into effect in February 1985. In December of that same year, the first banknotes were put into circulation, which were issued during the Government of former President Alan García and were the legal currency of Peru until June. 1991, as detailed by the Central Reserve Bank of Peru (BCRP).

This currency circulated at a time when the country was going through economic inflation. Therefore, to purchase food, artifacts or any other essential supplies, you had to carry several Intis bills and coins. However, currently having, for example, 5 million intis would be insufficient to cover basic household expenses.

How much is a 5 million intis bill worth today?

The official platform of Central Reserve Bank of Peru specifies that, to know the value of the inti in soles, the following procedure must be carried out: divide the amount of intis by one million. In this case, a 5 million intis bill is worth only S/5 in the current economy.

Along these lines, 12 million intis has a value of S/12, while half a million corresponds to 50 cents. The same will apply for any amount of said currencies.

What can you buy with 5 million intis currently?

As the BCRP points out, a 5 million intis bill is worth only S/5. This amount could be enough to buy certain basic foodstuffs, such as butter or canned tuna.

However, the aforementioned institution states on its official website that “gold and intis soles bills and coins are not used for transactions nor can they be exchanged for sol bills and coins.”