A new series of banknotes went into circulation in Peru in 2011. The second highest denomination of these is the 100 Nueovs Soles, which was issued at the end of last year.

The main feature of the note is the portrait of the Peruvian historian Jorge Basadre Grohmann. The note features a Motion optically variable therad and watermark The principle denomination numeral on the front was originally represetned with OVI, but in the new version, this has been replaced with SPARK with a rolling bar effect.

The upgrade demonstrates how the visual appeal and security of a note can be significantly enhanced without detracting from the existing features and the public’s familiarity with these.

The award was received by Alejandro Rozas Alosilla Velasco of the Reserve Central Bank of Peru.