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| 正面铭文 | BANCO CENTRAL DE NICARAGUA CINCO CORDOBAS Diriangén PRESIDENTE DEL BANCO CENTRAL DE NICARAGUA MINISTRO DE FINANZAS PRIMER VICE-PRESIDENTE DEL BANCO CENTRAL DE NICARAGUA |
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| 背面铭文 | BANCO CENTRAL DE NICARAGUA Nicaragua está hecha de vigor y de gloria. Nicaragua está hecha para la libertad. Rubén Darío CINCO CORDOBAS |
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Nicaragua's 1991 paper issues arrived in the aftermath of one of the most dramatic currency collapses in Latin American history. The córdoba oro, introduced in 1990 to replace the old córdoba at a rate of one-to-one million, was itself subject to severe instability, and the early CBN-printed series was part of a stabilization effort that relied heavily on Canadian Bank Note Company capacity while local infrastructure remained inadequate.
CBN had printed Nicaraguan currency intermittently since the Somoza period. This continuation into the Chamorro-era issues reflects practical procurement more than any deliberate policy.