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| 正面铭文 | NATIONAL BANK OF NICARAGUA INCORPORATED BANCO NACIONAL DE NICARAGUA 25 SERIE de 1938 ESTE BILLETE HA SIDO EMITIDO DE CONFORMIDAD CON LA LEY DE 20 DE MARZO DE 1912 Y SUS ENMIENDAS. SERA RECIBIDO EN PAGO DE LOS DERECHOS ADUANEROS Y FISCALES Y SERÁ DE CURSO LEGAL Y OBLIGATORIO PARA EL PAGO DE DEUDAS DENTRO DE LA REPUBLICA. VALE POR VEINTE Y CINCO CENTAVOS DE CÓRDOBA DE CONFORMIDAD CON LA LEY DE 20 DE MARZO DE 1912 Y SUS ENMIENDAS Y BAJO LAS CONDICIONES QUE ESAS LEYES PRESCRIBEN EL "NATIONAL BANK OF NICARAGUA INCORPORATED". PAGARÁ A LA VISTA AL PORTADOR DE ESTE BILLETE VEINTE Y CINCO CENTAVOS DE CÓRDOBA. EL PRESIDENTE DE LA REPÚBLICA EL MINISTRO DE HACIENDA GERENTE GENERAL American Bank Note Co., New York (Translation: National Bank of Nicaragua Incorporated National Bank of Nicaragua 25 Series 1938 This note has been issued in accordance with the Law of March 20, 1912 and its amendments. It will be received in payment of customs and fiscal duties and will be legal tender and mandatory for the payment of debts within the Republic. Worth Twenty Five Centavos de Córdoba in accordance with the Law of March 20, 1912 and its amendments and under the conditions that these laws prescribe the "National Bank of Nicaragua Incorporated" will pay to the bearer of this note Twenty Five Centavos de Córdoba on sight. The President of the Republic. The Minister of Finance. General Manager. American Bank Note Co., New York) |
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| 背面铭文 | NATIONAL BANK OF NICARAGUA INCORPORATED BANCO NACIONAL DE NICARAGUA 25 25 VEINTE Y CINCO CENTAVOS DE CÓRDOBA AMERICAN BANK NOTE COMPANY, NEW YORK (Translation: National Bank of Nicaragua Incorporated National Bank of Nicaragua 25 25 Twenty Five Centavos de Córdoba American Bank Note Company, New York) |
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The Banco Nacional de Nicaragua was a peculiar institution — nominally Nicaraguan but incorporated under U.S. law, with its capital structure and oversight tied to American financial interests that had been deeply embedded in the country since the Bryan-Chamorro Treaty era. By 1938, Nicaraguan monetary affairs were still operating under frameworks shaped by that foreign involvement, and notes like this one reflect a banking arrangement that had little real parallel elsewhere in Latin America.
The American Bank Note Company produced this in fractional córdoba denominations primarily to address a chronic shortage of small-change coinage in rural commerce.