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1 Córdoba

Issuer National Bank of Nicaragua Incorporated (Banco Nacional de Nicaragua)
Year 1914-1918
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Currency First Córdoba (1912-1987)
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Obverse lettering NATIONAL BANK OF NICARAGUA INCORPORATED BANCO NACIONAL DE NICARAGUA 1 ESTE BILLETE HA SIDO EMITIDO DE CONFORMIDAD COM LA LEY DE 20 DE MARZO DE 1912 Y SUS ENMIENDAS. SERA RECIBIDO EN PAGO DE LOS DERECHOS ADUANEROS Y FISCALES Y SERÁ DE CURSO LEGAL Y OBLIGATORIO PARA EL PAGO DE DEUDAS DENTRO DE LA REPUBLICA. VALE POR UNO CÓRDOBA DE CONFORMIDAD CON LA LEY DE 20 DE MARZO DE 1912 Y SUS ENMIENDAS Y BAJO LAS CONDICIONES QUE ESAS LEYES PRESCRIBEN EL `NATIONAL BANK OF NICARAGUA INCORPORATED`. PAGARÁ A LA VISTA AL PORTADOR DE ESTE BILLETE UN CÓRDOBA. HAMILTON BANK NOTE CO., NEW YORK
(Translation: National Bank of Nicaragua Incorporated National Bank of Nicaragua 1 This note has been issued in accordance with the Law of March 20, 1912 and its amendments. It will be received in payment of customs and fiscal duties and will be legal tender and mandatory for the payment of debts within the Republic. Worth One Cordoba in accordance with the Law of March 20, 1912 and its amendments and under the conditions that these laws prescribe, the National Bank of Nicaragua Incorporated will pay to the bearer of this note One Cordoba on sight. Hamilton Bank Note Co., New York)
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Reverse lettering NATIONAL BANK OF NICARAGUA INCORPORATED BANCO NACIONAL DE NICARAGUA UN CÓRDOBA HAMILTON BANK NOTE CO., NY
(Translation: National Bank of Nicaragua Incorporated National Bank of Nicaragua One Cordoba Hamilton Bank Note Co., NY)
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Comments

The Banco Nacional de Nicaragua Incorporated was a peculiar institution — chartered in the United States under Connecticut law in 1912 as part of the Knox-Castrillo Treaty arrangements, giving American financial interests direct control over Nicaraguan currency issuance. This note belongs to the first series issued under that arrangement, with Hamilton Bank Note Company handling production in New York, which was standard for dollar-zone client states in the early Bryan-Knox era of Caribbean fiscal supervision.

The 1914–1918 date range spans the outbreak of the Bryan-Chamorro Treaty, ratified in 1916, which deepened U.S. influence over Nicaraguan finances. Notes from the early end of this window are considerably scarcer than later printings.

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