50 000 Cordobas overprinted on 50 Cordobas

Nicaragua's inflation in the late 1980s was severe enough that overprinting existing stock became the faster solution — cutting through the delay of commissioning and printing entirely new notes. This example takes a Thomas De La Rue-printed 50 Córdobas and stamps a 1,000-fold redenomination directly onto it. The underlying note had been in circulation; the overprint pushed it back out.

By 1988, even these stop-gap denominations were obsolete. The córdoba was replaced by the córdoba oro the following year at a rate of 1,000 to 1, effectively erasing the overprint's entire purpose within 24 months of issue.