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500 Cordobas
| Issuer | Banco Central de Nicaragua |
|---|---|
| Year | 1984 |
| Type | Standard circulation banknote |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DE NICARAGUA 500 QUINIENTOS CORDOBAS |
| Reverse description | Log in to see details |
| Reverse lettering | BANCO CENTRAL DE NICARAGUA 500 QUINIENTOS CORDOBAS TEATRO POPULAR - RUBEN DARIO |
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| Comments |
Nicaragua's 500 Córdoba note arrived at a complicated moment — the Sandinista government, having come to power in 1979, was managing an economy under mounting pressure from U.S.-backed Contra operations and a trade embargo imposed in 1985. Inflation was already accelerating well before that embargo took hold, and the 500 Córdoba denomination, substantial at its introduction, was being eroded rapidly by the time these notes were in general circulation.
Thomas De La Rue's continued involvement with the Sandinista-era central bank is a quiet irony — the same London printer had produced notes for the Somoza-era Banco Nacional. Political upheaval rarely disrupts long-standing commercial printing contracts.