200 Cordobas

Nicaragua's shift to polymer for this denomination was part of a broader regional move toward durable substrate in Central American currency — but the Nicaraguan series stands out for committing to polymer across multiple denominations simultaneously rather than phasing it in selectively. The 200 Córdoba value sits at a practically useful point in the denomination ladder, which means these circulated hard and the polymer substrate earned its keep.

P#213 runs through nearly a decade of print dates, and the later issues show minor security feature refinements without a Pick number change — worth checking the specific date when cataloging.