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500 Córdobas
| Issuer | Banco Central de Nicaragua |
|---|---|
| Year | 2006 |
| 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 FUNDADO EN 1960 QUINIENTOS CORDOBAS RESOLUCION DEL CONSEJO DIRECTIVO DEL BANCO CENTRAL DE NICARAGUA CD BCN-IX-2-06 DEL 10 DE MARZO 2006 PRESIDENTE DEL BANCO CENTRAL DE NICARAGUA MINISTRO DE HACIENDA Y CREDITO PUBLICO (Translation: CENTRAL BANK OF NICARAGUA FOUNDED IN 1960 FIVE HUNDRED CORDOBAS RESOLUTION OF THE BOARD OF DIRECTORS OF THE CENTRAL BANK OF NICARAGUA CD BCN-IX-2-06 OF MARCH 10 2006 PRESIDENT OF THE CENTRAL BANK OF NICARAGUA MINISTER OF FINANCE AND PUBLIC CREDIT) |
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| Protection description | Watermark portrait of José Dolores Estrada Vado visible when held to light; embedded security thread; multicolored optical variable device strip along the right margin of the obverse |
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| Comments |
Nicaragua's 500 Córdoba denomination has always occupied an uncomfortable position in the country's cash economy — high enough to attract counterfeiting pressure, low enough to circulate heavily in daily commerce. The 2006 paper issue preceded the polymer transition that eventually overtook the lower denominations, leaving this series in an increasingly awkward middle ground before its own redesign followed.
Pick 200 was printed by De La Rue. The optical variable device on this denomination was among the more sophisticated security inclusions in Nicaraguan currency at the time of issue.