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20 Cordobas

Issuer Banco Central de Nicaragua
Year 1968
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Currency First Córdoba (1912-1987)
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Obverse lettering BANCO CENTRAL DE NICARAGUA SERIE B 20 VALE POR VEINTE CORDOBAS RESOLUCION DEL CONSEJO DIRECTIVO DEL BANCO CENTRAL DE NICARAGUA DE 16 DE MAYO DE 1968. DECRETO EXECUTIVO Nº 35 DE 25 DE MAYO DE 1968. THOMAS DE LA RUE & COMPANY LIMITED
(Translation: Central Bank of Nicaragua Series B 20 Worth Twenty Cordobas Resolution of the Board of Directors of the Central Bank of Nicaragua of May 16, 1968. Executive Decree No. 35 of May 25, 1968. Thomas de la Rue & Company Limited)
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Reverse lettering BANCO CENTRAL DE NICARAGUA VEINTE CORDOBAS THOMAS DE LA RUE & COMPANY LIMITED
(Translation: Central Bank of Nicaragua Twenty Cordobas Thomas de La Rue & Company Limited)
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Comments

Nicaragua's Central Bank replaced the Banco Nacional as the sole currency authority in 1961, and the notes issued through the 1960s reflect the institution's effort to project stability during a period of tight Somoza-era monetary control. Thomas De La Rue had printed Nicaraguan currency for decades by this point, and the relationship was well-established — the 1968 series continued that arrangement without interruption.

P#118 is among the less frequently encountered denominations from this issue in higher circulated grades, partly because the 20 Córdoba value sat at a level of active daily use rather than being saved or hoarded the way higher denominations sometimes were.

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