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5 Pesos Central Bank
| Issuer | Banco Central de la República Dominicana |
|---|---|
| Year | 1997 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | KM#88, Schön#118 |
| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | Log in to see details |
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| Reverse lettering | · 50 ANIVERSARIO BANCO CENTRAL · 1947-1997 · SANCHEZ (Translation: 50th Anniversary of the Central Bank) |
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| Additional information |
The Banco Central de la República Dominicana introduced bimetallic coinage in the mid-1990s as part of a broader monetary modernization effort, with the 5 Peso denomination absorbing transactions that had previously required multiple smaller coins. By 1997, inflation over the preceding decade had eroded the peso sufficiently that a 5 Peso coin was functionally necessary for everyday commerce — a denomination that would have seemed implausibly large just fifteen years earlier.