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500 Cordobas

Issuer Banco Central de Nicaragua
Year 1962
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Composition Paper
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Obverse description Black intaglio printing on multicolour guilloche underprint. A central vignette presents a portrait of poet Rubén Darío, with three manuscript signatures of bank officials appearing below. Inscriptions identify the issuing authority, series designation, and the legislative decrees authorizing the issue.
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Reverse lettering BANCO CENTRAL DE NICARAGUA QUINIENTOS CORDOBAS AMERICAN BANK NOTE COMPANY
(Translation: Central Bank of Nicaragua Five Hundred Cordobas American Bank Note Company)
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Comments

Nicaragua's 1962 cordoba series was issued under the Somoza family's long grip on the country's financial apparatus, with the Banco Central having only been established in 1961 — this 500 córdobas note appeared within the institution's first full year of operation. ABNC's involvement was consistent with Central American banking practice of the period; the company held printing contracts across the region simultaneously, which occasionally created scheduling delays that pushed actual issue dates weeks past nominal print dates.

At 500 córdobas, this was the highest denomination in circulation at the time — not a note that changed hands at market stalls.

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