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50 Colones

Issuer Banco Central de Reserva de El Salvador
Year 1999
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Currency Colón (1892-date)
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Obverse description The right-centre of the note is dominated by an intaglio vignette of Lake Coatepeque rendered in violet and grey against a fine guilloche underprint, with the national coat of arms positioned to its left. The bank title and promise-to-pay legend run vertically along the left margin, while the date and series letter appear in the upper centre field. A large numeral '50' in deep violet anchors the lower right corner.
Obverse lettering EL BANCO CENTRAL DE RESERVA DE EL SALVADOR SERIE M 50 PAGARA EN EFECTIVO AL PORTADOR SAN SALVADOR 19 DE ABRIL DE 1999 50 SERIE M CINCUENTA COLONES
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Comments

El Salvador's 50 Colones note from 1999 came late in the colon's lifespan. The currency was abolished entirely in 2001 when the government passed the Monetary Integration Law, fixing the exchange rate at 8.75 colones to the dollar and authorizing full dollarization. Notes already in circulation were gradually withdrawn, with the Banco Central de Reserva legally obligated to redeem colones indefinitely — though in practice, most had cleared the system within a few years.

The Canadian Bank Note Company had supplied Salvadoran currency for several series by this point, a long-standing relationship that continued through the final colon issues.