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50 Centavos Oro first issue

Issuer Banco Central de la República Dominicana
Year 1961
Type Standard circulation banknote
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Obverse lettering 0.50
BANCO CENTRAL de la REPUBLICA DOMINICANA
CINCUENTA CENTAVOS
ORO
ESTE BILLETE TIENE FUERZA
LIBERATORIA PARA EL PAGO DE TODAS LAS
OBLIGACIONES PUBLICAS O PRIVADAS
SEGUN EL ART. 5 DE LA LEY MONETARIA
CIUDAD TRUJILLO
DISTRITO NACIONAL
REPUBLICA DOMINICANA
PALACIO NACIONAL
BANCO CENTRAL
(Translation: Central Bank of the Dominican Republic
Fifty Cents Oro
This note has liberatory force for payment of all obligations, public or private, accordingly to article# 5 Of Currency Law
Trujillo city, National district, Dominican republic
National Palace
Fifty Cents Oro
Central Bank)
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Reverse lettering BANCO CENTRAL DE LA REPUBLICA DOMINICANA
0.50
CINCUENTA CENTAVOS ORO
(Translation: Central Bank of the Dominican Republic
0.50
Fifty Cents Oro)
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Comments

The Banco Central de la República Dominicana began issuing its own currency in 1947, replacing the notes of the Banco de Reservas. This 50 Centavos Oro belongs to a short-lived series tied to the final years of the Trujillo dictatorship — Rafael Trujillo was assassinated in May 1961, and the political upheaval that followed disrupted normal banking operations and accelerated the replacement of several circulating series.

The "Oro" designation was a holdover from earlier monetary conventions linking the Dominican peso to a gold standard that was no longer practically operative by this date.

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