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500 Córdobas

Issuer Banco Central de Nicaragua
Year 2017-2021
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Reference(s) P#217
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Reverse description Central vignette presents Volcán Momotombo in intaglio, inscribed VOLCAN MOMOTOMBO below, set against a warm rose and ochre guilloche underprint. The circular seal of the República de Nicaragua — América Central appears to the lower left, alongside a circular optical variable device at the upper left. Stylized tropical plant motifs in dark green and brown are placed at the right, mirroring the obverse design.
Reverse lettering QUINIENTOS CÓRDOBAS 500 BANCO CENTRAL DE NICARAGUA 500 500
(Translation: Five Hundred Córdobas Central Bank of Nicaragua.)
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Comments

Nicaragua's shift to polymer for this denomination came as part of a broader Central American move toward substrate modernization, but the 500 Córdoba note is notable for being among the higher-value polymer issues in the region — most countries introduce polymer at low denominations first, as a hedge against public resistance. Nicaragua skipped that caution.

The series ran across a four-year production window, and minor variations in the optically variable device placement have been noted between earlier and later printings, though Pick does not yet sub-classify them.

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