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100 Córdobas

Issuer Banco Central de Nicaragua
Year 1999
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Value 100 Córdobas
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Obverse lettering BANCO CENTRAL DE NICARAGUA SERIE D CIEN CORDOBAS SI PEQUEÑA ES LA PATRIA, UNO GRANDE LA SUEÑA - RUBEN DARIO PRESIDENTE DEL BANCO CENTRAL DE NICARAGUA MINISTRO DE HACIENDA Y CREDITO PUBLICO
(Translation: CENTRAL BANK OF NICARAGUA SERIES D ONE HUNDRED CORDOBAS IF THE HOMELAND IS SMALL; ONE DREAMS IT LARGE - RUBEN DARIO PRESIDENT OF THE CENTRAL BANK OF NICARAGUA MINISTER OF FINANCE AND PUBLIC CREDIT)
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Protection description Portrait of Rubén Darío, visible when held to light; embedded security thread running vertically through the note
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Comments

Nicaragua's 1999 series was issued under relative monetary stability, a marked contrast to the hyperinflationary collapse of the late 1980s that had forced the Nicaraguan córdoba to be replaced altogether in 1988, and then redenominated again in 1991 at 5,000,000-to-one. By 1999, the Banco Central had rebuilt enough institutional credibility to commission Thomas De La Rue for a conventionally secured issue — watermark and thread only, no more elaborate features.

Pick 190 is common in circulated grades; uncirculated examples are not especially elusive.

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