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1 Centavo
| Issuer | Banco Central de Nicaragua |
|---|---|
| Year | 1991 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Printer | Harrison & Sons Limited, High Wycombe, United Kingdom (1839-1997) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DE NICARAGUA UN CENTAVO DE CORDOBA |
| Reverse description | Log in to see details |
| Reverse lettering | BANCO CENTRAL DE NICARAGUA UN CENTAVO |
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| Comments |
Nicaragua's 1 centavo of 1991 is a curiosity of monetary collapse arithmetic. By the time it was issued, the centavo was so thoroughly meaningless in purchasing terms that the note existed essentially as a rounding artifact — Nicaragua had just redenominated in 1990, introducing the "oro" córdoba at a rate of 1 to 5,000,000 of the old currency. Even within that new system, a single centavo bought nothing.
Harrison & Sons printed the series; their High Wycombe facility handled a considerable volume of Latin American small-denomination emergency paper in this period.