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1 Córdoba
| Issuer | Banco Central de Nicaragua |
|---|---|
| Year | 1990 |
| Type | Standard circulation banknote |
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| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Log in to see details |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The Nicaraguan national arms occupy the centre, rendered in multicolour intaglio: a equilateral triangle enclosing a volcanic landscape with a rising sun above the sea, surrounded by a circular legend reading "República de Nicaragua — América Central." The coat of arms is flanked symmetrically by two elaborate guilloche medallions bearing the numeral "1", with decorative scroll-work borders in green, and a rising sun vignette at upper right. The printer's imprint appears in small letterpress text along the lower margin. |
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| Protection type | Log in to see details |
| Protection description | the Banco Central de Nicaragua emblem visible when held to light. |
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| Comments |
Nicaragua issued this note in 1990 during one of the most turbulent monetary transitions in Central American history. The Sandinista government had presided over hyperinflation so severe that by 1988 a currency reform lopped off three zeroes, creating the "nuevo córdoba" — yet even that reset failed to hold. This 1 Córdoba belongs to a subsequent redenomination series that replaced the nuevo córdoba at a rate of 1:5,000,000, effectively acknowledging the complete collapse of the previous unit.
Thomas De La Rue's involvement was a deliberate credibility signal, though the security specification here was kept minimal — a watermark only, no security thread.