By 1999, El Salvador's colón was living on borrowed time. Dollarization was already being debated seriously in government circles, and the Monetary Integration Law passed in late 2000 would fix the colón permanently at 8.75 to the dollar, with USD notes taking over entirely by 2001. This issue was among the last printed before that transition made the denomination obsolete.
Thomas De La Rue produced the series, as they had for El Salvador through much of the late twentieth century. The P#153 run represents one of the final colón printings the country ever ordered.
By 1999, El Salvador's colón was living on borrowed time. Dollarization was already being debated seriously in government circles, and the Monetary Integration Law passed in late 2000 would fix the colón permanently at 8.75 to the dollar, with USD notes taking over entirely by 2001. This issue was among the last printed before that transition made the denomination obsolete.
Thomas De La Rue produced the series, as they had for El Salvador through much of the late twentieth century. The P#153 run represents one of the final colón printings the country ever ordered.