Catalog
100 Colones
| Issuer | Banco Central de Reserva de El Salvador |
|---|---|
| Year | 1999 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | EL BANCO CENTRAL DE RESERVA DE EL SALVADOR SERIE AG 100 PAGARA EN EFECTIVO AL PORTADOR SAN SALVADOR 19 DE ABRIL DE 1999 100 SERIE AG CIEN COLONES |
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| Protection description | Embedded security thread running vertically through the note; watermark visible when held to light |
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| Comments |
El Salvador's 100 Colones notes of this period were already living on borrowed time. The government had been quietly preparing the ground for full dollarization, which arrived in January 2001 under the Monetary Integration Law — making the entire colón series obsolete within roughly two years of this note's issue. The transition gave holders until 2004 to redeem colones at the fixed rate of 8.75 to the dollar, a parity that had been pegged since 1993.
The Canadian Bank Note Company had supplied Salvadoran currency for several decades by this point, a relationship that outlasted multiple political upheavals including the civil war that ended in 1992.