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500 Pesos Oro
| Issuer | Banco Central de la República Dominicana |
|---|---|
| Year | 2000 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Peso Oro (1947-date) |
| Composition | Log in to see details |
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| Obverse description | The obverse presents a dual portrait vignette at right, showing Salomé Ureña and Francisco Henríquez y Carvajal in intaglio print against a multicolour guilloche underprint in green and peach tones. The denomination '500' appears in large numerals at upper left and lower right, with the issuing authority legend 'BANCO CENTRAL DE LA REPÚBLICA DOMINICANA' running along the lower border. Two facsimile signatures with titles appear at centre left above the serial number, accompanied by the year 'AÑO 2000' and the bank's seal. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
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| Protection type | Log in to see details |
| Protection description | a portrait visible when held to light; embedded security thread running vertically through the note |
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| Comments |
The Dominican Republic's move to a 500 Pesos Oro denomination in this series reflected the sustained inflationary pressure the country had absorbed through the 1990s — a decade marked by banking sector instability that would culminate in the catastrophic 2003 crisis, when fraudulent lending at Baninter and two other private banks triggered the worst financial collapse in the country's history and saw the peso lose roughly two-thirds of its value within months.
De La Rue's London production for this issue is consistent with the Banco Central's long-standing preference for offshore printing on security-sensitive high denominations. The 2003 collapse effectively rendered much of the circulating currency stock economically obsolete well before it was physically worn out.