Catalog
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| Issuer | Banco Nacional de Nicaragua |
|---|---|
| Year | 1949-1951 |
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| Composition | Paper |
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| Obverse description | Blue on multicolor underprint. Central vignette consists of a portrait of an indigenous girl wearing a feather headdress. The series date SERIE DE 1949 is typographed and printed in red, with denomination numerals and legal tender text surrounding the central portrait. |
|---|---|
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| Reverse description | Printed in dark olive-brown. The Nicaraguan Coat of Arms occupies the center, rendered within a circular guilloche border inscribed REPÚBLICA DE NICARAGUA and AMÉRICA CENTRAL; the arms display a triangle enclosing five volcanoes beneath a radiant sun and rainbow. Large numeral "1" counter vignettes appear at left and right, framed by intricate lathe-work scrollwork, with UN CÓRDOBA in bold lettering at the foot of the design. |
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| Comments |
The Banco Nacional de Nicaragua was a state institution performing dual functions — simultaneously acting as a commercial bank and a central bank — an arrangement that persisted until the Banco Central de Nicaragua was established in 1961. Notes of this period were issued under that awkward hybrid authority, not by an independent central bank.
ABNC printed extensively for Central American issuers throughout this period, and the P#91 series was a relatively short-lived run, superseded within a few years as Nicaragua renegotiated its printing contracts.