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| 正面描述 | Blue intaglio print on multicolor guilloche underprint, with black serial numbers. The central vignette presents a view of the Banco Central de Nicaragua building, framed by ornate scrollwork and lathe-work patterns. Denomination numerals appear at left and right, with the issuing authority's title across the top. |
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| 正面铭文 | Banco Central de Nicaragua Vale por Un Córdoba Resolución del Consejo Directivo del Banco Central de Nicaragua de 16 de Mayo de 1968. Decreto Ejecutivo No.35-AL de 25 de Mayo de 1968. El Presidente de la República - El Presidente del Banco Central de Nicaragua, El Gerente del Banco Central de Nicaragua Thomas de la Rue & Company, Limited. (Translation: Central Bank of Nicaragua Worth One Cordoba Resolution of the Directing Council of the Central Bank of Nicaragua of 16 May 1968. Executive Decree No. 35-AL of 25 May 1968 The President of the Republic - The President of the Central Bank of Nicaragua - The Manager of the Central Bank of Nicaragua) |
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Nicaragua's 1968 córdoba series from De La Rue came at an odd political moment — Anastasio Somoza Debayle was consolidating power following the 1967 elections, and the Banco Central, nominally independent since its 1961 founding, operated under conditions that made genuine monetary autonomy largely theoretical. De La Rue had printed Nicaraguan currency going back decades, and the P#115 fits comfortably within a long continuity of British-printed Central American issues that changed relatively little in format or security specification across successive governments.
The watermark is the sole security feature on record for this note — modest even by late-1960s standards for a denomination in regular daily use.