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1000 cordobas
| Issuer | Banco Central de Nicaragua |
|---|---|
| Year | 1972 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DE NICARAGUA UN MIL CORDOBAS Resolucion del consejo directivo del banco central de Nicaragua de 20 de Abril de 1972 Decreto ejecutivo № 73-MEIC de 27 de Abril de 1972 (Translation: CENTRAL BANK OF NICARAGUA ONE THOUSAND CORDOBAS Resolution of the Board of Directors of the Central Bank of Nicaragua of April 20, 1972 Executive Decree No. 73-MEIC of April 27, 1972) |
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| Protection type | Watermark |
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| Comments |
Nicaragua's 1972 1000 Córdobas was issued under the Somoza dictatorship at a time when the Banco Central was effectively a tool of regime finance. Thomas De La Rue printed the series in London, as they had for Nicaragua through much of the mid-twentieth century, providing the engraving quality a domestic print facility could not match.
The December 1972 Managua earthquake — one of the most destructive in Central American history — struck the same year, collapsing the capital and triggering massive international aid that the Somoza family was widely documented to have diverted. High-denomination notes from this period circulated in an economy already being looted from within.