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50 Cordobas
| Issuer | Banco Central de Nicaragua |
|---|---|
| Year | 1985 |
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| Shape | Rectangular |
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| Obverse description | Intaglio portrait of General José Dolores Estrada at right, set against a multicolour guilloche underprint in pink and green tones; a large central vignette shows the denomination numeral '50' within an elaborate rosette of fine-line engraving. The issuer's title 'BANCO CENTRAL DE NICARAGUA' runs along the top, with the denomination legend 'CINCUENTA CORDOBAS' on a banner below the central vignette, the date '1985' in red, and two facsimile signatures with their respective titles along the lower margin. |
|---|---|
| Obverse lettering | BANCO CENTRAL DE NICARAGUA CINCUENTA CORDOBAS 50 1985 PRESIDENTE DEL BANCO CENTRAL DE NICARAGUA MINISTRO DE FINANZAS DE LA REPÚBLICA GENERAL JOSE DOLORES ESTRADA |
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| Comments |
Nicaragua's 1985 series was issued deep into the Sandinista period, when hyperinflation was already eroding the córdoba at a pace that made denominations obsolete almost immediately after printing. The Canadian Bank Note Company had a long relationship with Central American issuers, though for Nicaragua this was a relatively late contract — most earlier issues had passed through other printers.
The watermark is the sole mechanical security feature, a lean specification that reflects the economic constraints of the period rather than any lapse in banking standards. By 1988 the córdoba would be replaced entirely by the córdoba oro, rendering this entire series obsolete within just a few years of issue.