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100 Cordobas

Issuer Banco Central de Nicaragua
Year 2014-2021
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Size 146 × 67 mm
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Reverse lettering BANCO CENTRAL DE NICARAGUA
CIEN CÓRDOBAS
100
COCHE DE CABALLOS
REPÚBLICA DE NICARAGUA
AMÉRICA CENTRAL
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Protection type Optically variable device, Watermark
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Comments

Nicaragua's shift to polymer for this denomination was part of a broader Central American push toward substrate modernization in the 2010s, driven largely by durability concerns in humid tropical climates where cotton-paper notes deteriorate rapidly in circulation. The Banco Central contracted polymer production through this period with a relatively modest print run spread across several years — under 2 million notes annually on average, which kept supply tight relative to demand for a denomination this size.

The OVD placement on this series was a point of some debate during the redesign process, as earlier Nicaraguan issues had relied heavily on intaglio tactile features that polymer printing complicates.