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1 Córdoba
| Issuer | Banco Central de Nicaragua |
|---|---|
| Year | 1990 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Thomas De La Rue and Company Limited |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | Intaglio portrait of Francisco Hernández de Córdoba set within a circular guilloche vignette at right, with his name inscribed below. The left half carries an underprint vignette of a cornfield ("Sembradío de Maíz") beneath a rising sun, rendered in blue and gold tones. A large central denomination numeral "1" sits within an elaborate guilloche rosette, flanked by "R" counterfoil markers, with three manuscript signatures and their respective titles printed along the lower margin. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Watermark |
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| Variants | Log in to see details |
| 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.