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50 Centavos

Issuer Banco Central de Nicaragua
Year 1992
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Value 0,50 Cordobas
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Reverse description The Nicaraguan national arms — an equilateral triangle enclosing a volcanic landscape and rising sun, encircled by the legend REPUBLICA DE NICARAGUA / AMERICA CENTRAL — occupies the left portion of the note. At centre, the large numeral '0.50 CORDOBA' is set above a quotation panel, while a detailed intaglio vignette of the Sacuanjoche (Plumeria rubra), Nicaragua's national flower, fills the right field. The entire design is printed in green on a pale ground with ornamental scroll borders carrying repeated '1/2' counters at each corner.
Reverse lettering BANCO CENTRAL DE NICARAGUA SACUANJOCHE - FLOR NACIONAL 0.50 CORDOBA "El trabajo es tu digno laurel". Salomón Ibarra Mayorga CINCUENTA CENTAVOS DE CORDOBA
(Translation: Central Bank of Nicaragua Sacuanjoche - National Flower 0.50 Cordoba "Work is your worthy laurel." Salomón Ibarra Mayorga Fifty Cents of a Cordoba)
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Comments

Nicaragua's córdoba underwent a second major redenomination in 1991, replacing the córdoba oro at par — itself a stabilization currency introduced just two years earlier to arrest hyperinflation that had peaked above 30,000% annually in 1988. The 50 centavos sits at the fractional end of that rebuilt system, issued by the Canadian Bank Note Company out of Ottawa at a moment when the country was still navigating post-Sandinista economic reconstruction under the newly elected Chamorro government.

CBN had a long-standing relationship with Nicaraguan currency production through this period, handling much of the series consistently.

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