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| 正面描述 | Portrait of General José Dolores Estrada at right, set against a multicolour guilloche underprint in shades of yellow, blue, and violet. The denomination "DIEZ MILLONES DE CORDOBAS" is rendered in large intaglio lettering across the centre of the note, with the numeral "10.000.000" repeated in the lower left corner and along the right margin. The issuing authority "Banco Central de Nicaragua" appears in a banner along the top, with the general's name inscribed below the portrait vignette. |
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| 防伪类型 | Watermark |
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Nicaragua's hyperinflation of the late 1980s was among the worst in the Western Hemisphere, driven by Sandinista deficit spending and the economic disruption of the Contra war. By 1990, the córdoba had collapsed so severely that denominations in the tens of millions had become routine for daily transactions. This note was issued just as the Chamorro government inherited the wreckage — within months, a full monetary reform replaced the córdoba with the gold córdoba at a rate of 5,000,000 to one, instantly rendering notes at this level obsolete.
The Canadian Bank Note Company's involvement is notable: a North American printer supplying a government that had been at odds with Washington for nearly a decade.