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50 Colones

Issuer Banco Central de Reserva de El Salvador
Year 1995
Type Standard circulation banknote
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Obverse lettering 50 in left upper, left lower and right lower corner; EL BANCO CENTRAL DE RESERVA DE EL SALVADOR; CINCUENTA COLONES
Reverse description A centered bust portrait of Cristóbal Colón faces left in three-quarter view, set within a detailed vignette; to the left, three sailing ships from his historic 1492 fleet are rendered in fine intaglio line work. The denomination numeral 50 appears in three corners within guilloche panels.
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The Canadian Bank Note Company supplied El Salvador's higher denominations through much of the late twentieth century, and this 50 Colones is a product of that long-standing contract relationship. By 1995 the colón was under sustained pressure — dollarization debates were already circulating in policy circles, and El Salvador would formally abandon the currency in 2001 under the Monetary Integration Law. Notes from the final years of issue consequently had shorter effective circulation lives than their earlier counterparts in the same series.

The single watermark security feature was modest even by mid-1990s regional standards. Guatemala and Costa Rica had moved to thread-embedded paper by this point.