Catalog
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| Issuer | Banco Central de la República Dominicana |
|---|---|
| Year | 1984-1988 |
| Type | Log in to see details |
| Value | 1 Peso |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DE LA REPUBLICA DOMINICANA UN PESO ORO ESTE BILLETE TIENE FUERZA LIBERATORIA PARA EL PAGO DE TODAS LAS OBLIGACIONES PUBLICAS O PRIVADAS Gobernador del Banco Central Secretario de Estado de Finanzas DUARTE |
| 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 |
The P#126 series spans four years and five signature combinations — an unusually high turnover rate reflecting the institutional instability of Dominican central banking during the mid-1980s, when the country was navigating IMF-mandated austerity measures and a severe foreign exchange crisis that eventually forced a formal devaluation in 1985. The peso had been pegged at parity with the US dollar since 1947; that fiction became untenable under Balaguer's second restoration.
De La Rue's involvement was long-standing with Dominican issues, and the watermark security on this denomination was minimal by the printer's own standards — appropriate for a low-value note in an economy where inflation was steadily eroding its purchasing power throughout the issue period.