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10 Cordobas
| Issuer | Banco Central de Nicaragua |
|---|---|
| Year | 1985 |
| Type | Log in to see details |
| Value | 10 Córdobas |
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| Composition | Log in to see details |
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| Obverse description | Intaglio portrait of Comandante Carlos Fonseca Amador at right, rendered in dark olive-green on a multicolour guilloche underprint with pink and green tones; a large central denomination numeral '10' is set within an ornate engine-turned vignette flanked by lathe-work corner rosettes, with the legend 'DIEZ CORDOBAS' on a tablet below. The date '1985' appears beneath the central vignette, and two facsimile signatures are printed along the lower margin above the repeated serial number. |
|---|---|
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| Protection description | Watermark portrait of General Augusto César Sandino, visible when the note is held to light |
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| Comments |
Nicaragua's mid-1980s Cordoba series was issued under the Sandinista government during the period of acute hyperinflationary pressure that ultimately forced a complete currency restructuring by decade's end. The Canadian Bank Note Company had a long relationship with Central American issuers, and this note falls within a series that was being printed abroad precisely because domestic production capacity was nonexistent — a telling detail about the economic conditions of the period.
By 1988, the Cordoba had collapsed so severely that the government introduced the "New Cordoba" at a rate of 1,000 to 1, rendering this denomination effectively worthless in circulation within a few years of issue.