Catalog
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| Issuer | Banco Central de Nicaragua |
|---|---|
| Year | 2002-2007 |
| Type | Standard circulation coin |
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| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
| Obverse lettering | REPUBLICA DE NICARAGUA AMERICA CENTRAL (Translation: Republic of Nicaragua Central America) |
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| Additional information |
Nicaragua redenominated its currency in 1991, replacing the devastated córdoba at a rate of 5,000,000 to 1 following years of hyperinflation driven by Sandinista-era deficit spending and the costs of the Contra war. The brass-plated steel construction adopted for this series reflects the country's continued fiscal conservatism in the post-stabilization decade — solid metal coinage remained an expense worth minimizing.