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2 Córdobas

Issuer National Bank of Nicaragua Incorporated (Banco Nacional de Nicaragua)
Year 1939
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Shape Rectangular
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Obverse description Green on multicolour underprint. A vignette at left centre portrays an ox-cart in the foreground before a sugar cane mill, rendered in fine intaglio line work. Denomination numerals and bilingual bank title appear within ornate guilloche borders framing the composition.
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Reverse lettering NATIONAL BANK OF NICARAGUA INCORPORATED BANCO NACIONAL DE NICARAGUA REPUBLICA DE NICARAGUA AMERICA CENTRAL DOS CÓRDOBAS AMERICAN BANK NOTE COMPANY
(Translation: National Bank of Nicaragua Incorporated National Bank of Nicaragua Republic of Nicaragua Central America Two Cordobas American Bank Note Company)
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Comments

The Banco Nacional de Nicaragua was a peculiar institution — majority-owned by the Nicaraguan government but incorporated under U.S. law and headquartered in Managua with a New York charter, a structure that reflected the prolonged American financial supervision of Nicaragua that followed the Bryan-Chamorro Treaty era. By 1939 that arrangement was winding down, and full Nicaraguan control of the bank came in 1940, making this series one of the last issued under the hybrid regime.

ABNC printed the bulk of Nicaraguan currency throughout this period, and the 1939 series continued that relationship into its final year.

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