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20 Cordobas

Issuer Banco Central de Nicaragua
Year 1978
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Printer Thomas De La Rue & Company, London, United Kingdom
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Obverse description Central vignette of the numeral 20 set within an intricate guilloche rosette, flanked by ornate scrollwork underprint in red-brown tones. To the right, an intaglio portrait vignette of Rafaela Herrera in period dress standing beside a cannon, with her name inscribed below. The upper centre bears the bank title legend and the lower centre carries the denomination inscription VEINTE CORDOBAS, with series and serial number printed in black.
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Protection description Rafaela Herrera portrait visible when held to light.
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Comments

Nicaragua's 1978 Cordoba notes were issued under the Somoza government during its final stretch — the Sandinista offensive that ended the dictatorship came just a year later, in July 1979. The new revolutionary government initially continued circulating existing Somoza-era notes out of practical necessity before introducing their own series, meaning this note likely saw genuine post-revolutionary use alongside the incoming FSLN administration.

De La Rue's production for Nicaragua in this period was broadly competent but unremarkable technically — the watermark security was the primary anti-counterfeiting provision, thin even by late-1970s standards.

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