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Current Peruvian Banknotes

Nuevos Soles and Soles bills explained

The current banknotes of Peru are not only lovely with famous Peruvian personalities on the front and either amazing archaeological sites or examples of Peru’s extraordinary flora and fauna on the back; Peru’s bills also have a high technical sophistication and top-notch security features which together with their beautiful design earned the notes the one or other award.

Since 1991 the Peruvian currency is the “Nuevo Sol” (S/.), which was renamed to just “Sol” (S/) in 2016 – plural (Nuevos) Soles. Its international code is PEN. There are banknotes for S/ 10, S/ 20, S/ 50, S/ 100 and S/ 200.

Over the past 30 years, the Peruvian banknotes have undergone many design changes and security improvements. There are 4 major series which are all still legal tender and circulate simultaneously:

  • Nuevos Soles series from 1991 to 2006 (the “old” Nuevos Soles notes which are still valid and legal tender, but hardly found in circulation anymore)
  • Nuevos Soles series from 2009 to 2016 (the “new” Nuevos Soles notes with a new, more modern design and improved security features which were put into circulation in 2011; legal tender)
  • Soles series 2016 – 2020 (actually design- and security-wise just an enhancement of the 2009-2016 series, but now with the correct name of the currency “Sol”; until today only a S/ 10, S/ 20 and S/ 100 are in circulation; legal tender)
  • Soles series since July 22, 2021 (the new Peruvian Soles notes have a completely new and modernized design paying tribute to Peruvian scientists and humanists from the 20th century and highlighting Peru’s impressive flora and fauna; additionally, the security features have been updated). On July 22, 2021 a new S/ 10 and S/ 100 has been issued; on July 20, 2022 a new S/ 20 and S/ 50.

10 Soles (since July 2021) - Current Peruvian banknotes

The new Peruvian 10 Soles banknote features Maria Isabel Granda Larco, better know as Chabuca Granda. The famous Peruvian singer and songwriter with the deep, smoky, and nostalgic voice was born on September 3, 1920, in the copper mining Cotabambas province in the Apurímac region. At the age of 12 she started singing in the school choir of Lima’s prestigious Colegio Sophianum in San Isidro. Later she wrote songs and here and there performed as part of various groups. During the final stages of her marriage – the divorce in 1952 caused a tremendous scandal in the back then conservative and Catholic Lima – she embarked on a successful solo career. Not only in her private life she broke with conventions but also in her musical style as songwriter and singer. She pushed the boundaries of older song forms such as the Peruvian waltz, marinera, zamacueca and landau and their lyrics, giving her songs a rhythmic and melodic freedom. Later in her career, she even incorporated Afro-Peruvian music into her work masterfully blending the colorful rhythms with Peruvian popular music.

To this day her song “La Flor de la Canela” (Cinnamon Flower) is considered the anthem of Lima. Other popular hits that are regarded as classics of Peruvian music include “Lima de veras” (Truly Lima), “José Antonio, “Fina estampa” (Good looks), and “Zeñó Manué”, to name just a few. While remaining quite unknown abroad, in Latin America Chabuca Granda was highly popular; in Peru she was and still is an icon of popular Peruvian music. She died on March 8, 1983 in Miami.

In 2017 Chabuca Granda’s work was declared a Cultural Heritage of the Nation. Two years later the Peruvian government posthumously awarded her the “Orden del Sol del Perú” (Peruvian Orden of the Sun).

The back of the new S/ 10 note, which for the first time in Peru’s numismatic history has a vertical orientation, shows a Vicuña, one of the two wild South American camelids. Vicuñas are related to llamas and are considered the wild ancestors of Peru’s domesticated alpacas. They live in the high alpine areas of the Andes and produce extremely fine, soft and warm wool which is extremely expensive as the animals have to be caught from the wild and can only be shorn every few years. Additionally, an image of the Flor de Amacaes (amancae or amancay) can be found on the back which is native to the foggy coastal hills of Peru, especially near Lima as part of the Lomas ecosystem, and which Chabuca Granda refers to in her beloved song “José Antonio”.

10 (Nuevos) Soles - Current Peruvian banknotes

Next to the above described new Peruvian 10 Soles bill, banknotes from the series 1991-2006, 2009-2016 and 2016-2020 are still legal tender and circulate simultaneously with the new ones.

On the front of these “older” 10 (Nuevos) Soles notes José Abelardo Quiñones Gonzáles, a Peruvian Air Force Lieutenant (posthumous promoted to Air Force Captain) and a declared national hero, is featured. He was born in April 1914 in Pimentel near Chiclayo, Lambayeque. Soon after joining the Aviation School “Central de Aeronáutica – Jorge Chávez”, Quiñones experimented with different flying techniques and became known for his acrobatic flying performances. During the Ecuadorian-Peruvian War (1941) he served his country as a fighter pilot and – depending on the viewpoint – lost or sacrificed his life.

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