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100 Córdobas

Issuer Banco Central de Nicaragua
Year 1997
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Size 156 × 67 mm
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Obverse lettering BANCO CENTRAL DE NICARAGUA SERIE C 1997 100 CIEN CORDOBAS SI PEQUEÑA ES LA PATRIA, UNO GRANDE LA SUEÑA - RUBEN DARIO
(Translation: Central Bank of Nicaragua Series C 1997 100 One Hundred Cordobas If the homeland is small; one dreams it large - Ruben Dario)
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Reverse lettering BANCO CENTRAL DE NICARAGUA REPUBLICA DE NICARAGUA AMERICA CENTRAL CIEN CORDOBAS DE LA RUE
(Translation: Central Bank of Nicaragua Republic of Nicaragua Central America One Hundred Cordobas De la Rue)
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Comments

Nicaragua's 1990s monetary rehabilitation leaned heavily on De La Rue for successive córdoba oro issues, and P#187 fits squarely in that run — a workhorse denomination from a period when the central bank was still rebuilding credibility after the catastrophic hyperinflation of the late 1980s, when the old córdoba lost virtually all value and was replaced at a rate of 5,000,000 to one in 1990.

The watermark-only security package is notably thin for a 100-unit note by the mid-1990s, when most De La Rue clients were specifying security threads as standard. Whether that reflects a cost-driven procurement decision by the BCN or a holdover specification from an earlier contract generation is not documented in the published record.

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