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100 Cordobas

Issuer Banco Central de Nicaragua
Year 1968
Type Standard circulation banknote
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Reverse description Printed in red and multicolor. A central vignette carries the portrait of Francisco Hernández de Córdoba, the Spanish conquistador and founder of the first permanent settlements in Nicaragua, after whom the national currency is named. The design is framed with ornamental guilloche work and the denomination inscription.
Reverse lettering BANCO CENTRAL DE NICARAGUA CIEN CORDOBAS THOMAS DE LA RUE & COMPANY LIMITED
(Translation: Central Bank of Nicaragua One Hundred Cordobas Thomas De La Rue & Company Limited)
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Comments

Nicaragua's 1968 series was issued under the Somoza government during a period of relative monetary stability, when the córdoba was still pegged at 7 to the US dollar — a rate that had held since 1937. The Banco Central had only been established in 1961, absorbing the functions previously held by the Banco Nacional, so this note belongs to a comparatively early phase of the central bank's existence.

Thomas De La Rue's involvement was typical for Latin American issuers of this period seeking internationally credible production quality. The watermark remains the sole security feature, which is minimal even by the standards of the time.

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