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100 Cordobas Cordoba

Issuer Banco Central de Nicaragua
Year 2012
Type Commemorative banknote
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Obverse lettering BANCO CENTRAL DE NICARAGUA
CIEN CÓRDOBAS
MONUMENTO A RUBÉN DARÍO
ANENOR ROSALES BOLAÑOS
PRESIDENTE
BANCO CENTRAL DE NICARAGUA
RESOLUCIÓN DEL CONSEJO DIRECTIVO DEL BANCO CENTRAL DE NICARAGUA CO-BCN-XXXVI-1-07 DEL 12 SEPTIEMBRE DE 2007
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Reverse lettering BANCO CENTRAL DE NICARAGUA
100
CIEN CÓRDOBAS
CATEDRAL DE LEÓN
REPÚBLICA DE NICARAGUA
AMÉRICA CENTRAL
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Comments

The Canadian Bank Note Company has printed Nicaraguan currency through multiple political transitions — from the Somoza era through the Sandinista revolution and beyond — making Ottawa's involvement in Managua's note production one of the more durable printing relationships in Central American monetary history. This 2012 issue came well into a period of relative macroeconomic stability, after the hyperinflationary collapse of the córdoba in the late 1980s had forced the introduction of the córdoba oro in 1990 at a rate of 1 to 5,000,000 old córdobas.

Antenor Rosales Bolaños served as president of the Banco Central during this period under the Ortega administration.

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