60 Córdobas Central Bank Anniversary

Issued to mark the 60th anniversary of the Banco Central de Nicaragua, which was established in 1960 under President Luis Somoza Debayle as part of a broader Central American push toward independent monetary institutions following decades of U.S. dollar dominance in the region's economies. Nicaragua had operated without a true central bank for most of its modern history, relying instead on commercial banking arrangements that left monetary policy effectively outside state control.