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500 Cordobas
| Issuer | Banco Central de Nicaragua |
|---|---|
| Year | 2014 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Third Córdoba `Oro` (1991-date) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DE NICARAGUA QUIENTOS CÓRDOBAS CATEDRAL DE LEÓN PRESIDENTE DEL BANCO CENTRAL DE NICARAGUA MINISTRO DE HACIENDA Y CRÉDITO PÚBLICO 500 |
| Reverse description | Orange and yellow toned reverse centred on an intaglio vignette of Volcán Momotombo rising against a layered sky, captioned VOLCÁN MOMOTOMBO below the image in the central field. The Nicaraguan national coat of arms — a triangle enclosing a landscape with five volcanoes, encircled by the legends REPÚBLICA DE NICARAGUA and AMERICA CENTRAL — appears to the lower left within the guilloche underprint. The issuer name BANCO CENTRAL DE NICARAGUA is repeated at the top, with the denomination numeral 500 in large red characters at the upper right and a vertical inscription QUINIENTOS CÓRDOBAS along the left border. |
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| Comments |
Nicaragua's 500 Córdobas note from this series was part of a broader redesign program undertaken by the Banco Central in the early 2010s, as the country moved to modernize its currency security infrastructure following years of counterfeiting pressure on higher denominations. The print run of just over 12 million is modest by regional standards — neighboring countries with comparable economies routinely issue two to three times that volume for equivalent denominations — suggesting either tight budgetary controls or a shorter projected circulation cycle.
The optically variable ink was a meaningful upgrade for Nicaragua specifically; earlier 500-córdoba issues had relied on comparatively basic security features that local counterfeiters had learned to replicate.