Catalog
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| Issuer | Banco Central de Nicaragua |
|---|---|
| Year | 1991 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Third Córdoba `Oro` (1991-date) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Banco Central de Nicaragua Diez Centavos de Cordoba Francisco Hernández de Córdoba Presidente del Banco Central de Nicaragua Primer Vice-Presidente del Banco Central de Nicaragua Ministro de Finanzas (Translation: Central Bank of Nicaragua / Ten Centavos of Córdoba / Francisco Hernández de Córdoba / President of the Central Bank of Nicaragua / First Vice-President of the Central Bank of Nicaragua / Minister of Finance) |
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| Reverse lettering | Banco Central de Nicaragua Diez Centavos República de Nicaragua América Central Harrison & Sons Limited (Translation: Central Bank of Nicaragua / Ten Centavos / Republic of Nicaragua / Central America / Harrison & Sons Limited) |
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| Comments |
Nicaragua's 1991 monetary reform slashed six zeros from the córdoba, replacing the hyperinflation-era currency with the córdoba oro at a rate of one million to one. This 10 centavos note was part of that redenomination series — a physical artifact of one of Central America's most severe monetary collapses, driven by Sandinista deficit spending and the costs of the Contra war throughout the 1980s.
Harrison & Sons had printed Nicaraguan currency through multiple political upheavals, giving the series a consistency of production quality that the issuing government itself conspicuously lacked.