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100 Cordobas
| Issuer | Banco Central de Nicaragua |
|---|---|
| Year | 1962 |
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| Value | 100 Cordobas |
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| Obverse description | Red-brown intaglio on multicolor underprint, with a central vignette of José Dolores Estrada in portrait. Three manuscript signatures appear below the portrait, accompanied by the issuing authority's legends and decree references. The note is designated Serie A and carries ornate guilloche patterning across the face. |
|---|---|
| Obverse lettering | BANCO CENTRAL DE NICARAGUA SERIE A 100 VALE POR CIEN CORDOBAS RESOLUCION DEL CONSEJO DIRECTIVO DEL BANCO CENTRAL DE NICARAGUA DE 8 DE FEBRERO DE 1962. DECRETO EXECUTIVO Nº 71 DE 26 DE ABRIL DE 1962. AMERICAN BANK NOTE COMPANY (Translation: Central Bank of Nicaragua Series A 100 Worth One Hundred Cordobas Resolution of the Board of Directors of the Central Bank of Nicaragua of February 8, 1962. Executive Decree No. 71 of April 26, 1962. American Bank Note Company) |
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| Comments |
Nicaragua's central bank had only been established in 1961, replacing the older Banco Nacional, and this 100 Córdobas note was among the earliest issues produced under the new institutional framework. ABNC's New York operation handled the full production run, as it did for much of Central America's paper currency through the mid-century decades.
Pick 112 is sometimes confused with the earlier Banco Nacional series due to overlapping design conventions. The córdoba itself had been pegged to the US dollar at 7:1 since 1912 — a rate that would hold, remarkably, until the political and economic dislocations of the late 1970s.