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50 Cordobas

Issuer Banco Central de Nicaragua
Year 2002
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Printer Canadian Bank Note Company, Ottawa
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Obverse lettering BANCO CENTRAL DE NICARAGUA CINCUENTA CORDOBAS RESOLUCION DEL CONSEJO DIRECTIVO DEL BANCO CENTRAL DE NICARAGUA CD-BCN-XI-1-02 DEL 10 DE ABRIL DEL 2002 PEDRO JOAQUIN CHAMORRO
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Reverse lettering BANCO CENTRAL DE NICARAGUA EL CASTILLO DE LA INMACULADA CONCEPCION, RIO SAN JUAN CINCUENTA CORDOBAS REPUBLICA DE NICARAGUA AMERICA CENTRAL
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Comments

The Canadian Bank Note Company has handled Nicaraguan printing contracts across multiple monetary eras, including the post-Sandinista stabilization period when the córdoba oro replaced the hyperinflated córdoba at a rate of five million to one. By 2002 the currency had settled, but Nicaragua remained one of the poorest economies in the Western Hemisphere, and a 50-córdoba note represented meaningful purchasing power in daily commerce.

P#193 carries only a watermark as its declared security feature — modest by contemporary standards, though consistent with the security specification applied across this particular series.

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