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10 Cordobas

Issuer Banco Central de Nicaragua
Year 1972
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Size 156 × 68 mm
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Obverse lettering BANCO CENTRAL DE NICARAGUA SERIE C 10 DIEZ CORDOBAS RESOLUCION DEL CONSEJO DIRECTIVO DEL BANCO CENTRAL DE NICARAGUA, DE 20 DE ABRIL DE 1972. DECRETO EXECUTIVO Nº 73 DE 27 DE ABRIL DE 1972. THOMAS DE LA RUE & COMPANY LIMITED
(Translation: Central Bank of Nicaragua Series C 10 Ten Cordobas Resolution of the Board of Directors of the Central Bank of Nicaragua, in April 20, 1972. Executive Decree n.73 of April 27, 1972. Thomas de la Rue & Company Limited)
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Protection type Watermark
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Comments

Nicaragua's 1972 series was printed by De La Rue just before the catastrophic Managua earthquake of December 23rd that year, which killed an estimated 10,000 people and effectively destroyed the city's economic infrastructure. The disaster triggered severe disruption to normal banking operations and accelerated inflationary pressure that would deepen through the rest of the decade — notes from this series entered circulation into an economy already lurching toward crisis.

De La Rue's watermark security on this issue is relatively modest by the firm's own standards of the period.

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