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25 Centavos

Issuer Banco Central de Nicaragua
Year 1994
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Weight 3.86 g
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Obverse script Latin
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Reverse lettering BANCO CENTRAL DE NICARAGUA 1994 25 CENTAVOS DE CORDOBA
(Translation: Central Bank of Nicaragua 25 Centavos of a Cordoba)
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Additional information

Nicaragua's shift to chromium-plated steel coinage in the early 1990s was a direct consequence of the country's economic collapse under the Sandinista government, which had driven inflation to an annualized rate of over 33,000% by 1988. The córdoba oro, introduced in 1990 as a stabilization currency, anchored these new low-cost planchets to a restructured monetary system backed initially at parity with the US dollar.

The steel-core format was chosen explicitly to keep intrinsic metal value well below face value — a lesson learned painfully from earlier issues that had been melted or hoarded.

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