Catalog
10 Colones
| Issuer | Banco Central de Reserva de El Salvador |
|---|---|
| Year | 1999 |
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| Reference(s) | P#154 |
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|---|---|
| Obverse lettering | EL BANCO CENTRAL DE RESERVA DE EL SALVADOR SERIE AW PAGARA EN EFECTIVO AL PORTADOR SAN SALVADOR 19 DE ABRIL DE 1999 10 SERIE AW 10 DIEZ COLONES |
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| Protection type | Security thread, Watermark |
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| Comments |
The Canadian Bank Note Company produced El Salvador's currency for decades, and this series reflects that long relationship — the Ottawa firm supplied notes to the Banco Central de Reserva through much of the latter half of the twentieth century. By 1999, however, the Salvadoran monetary system was approaching its end. The Monetary Integration Law of 2001 abolished the colón as legal tender and fully dollarized the economy, making the entire 1999 issue one of the final production runs before the colón was permanently retired.
Notes from this last period were largely displaced within two years of printing, limiting heavy wear examples in the secondary market.