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100 Córdobas

Issuer Banco Central de Nicaragua
Year 1992
Type Standard circulation banknote
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Obverse description Blue and red tones over a multicolor guilloche underprint; a vignette at left depicts a sunrise over a cotton field, while a portrait of Nicaraguan poet Rubén Darío (born Félix Rubén García y Sarmiento) occupies the right field. Two facsimile signatures appear below the central text block, with series letter B and date 1992 indicated.
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Reverse description Green and multicolor guilloche underprint surrounds a centrally placed vignette of the Coat of Arms of the Republic of Nicaragua — an equilateral triangle enclosing a landscape with five volcanoes and a rising sun, set within a circular band inscribed REPÚBLICA DE NICARAGUA and AMERICA CENTRAL. Denomination numerals 100 appear in each corner, with ornate scroll-work and dragon vignettes flanking the central arms.
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Comments

Nicaragua's 1992 currency series was issued in the immediate aftermath of the hyperinflationary collapse of the Córdoba, which had depreciated so catastrophically through the late 1980s that the government introduced a new Córdoba in 1988 at 1,000:1, then was forced to redenominate again in 1991 at 5,000,000:1. This note belongs to that second reconstituted currency — the Córdoba Oro — issued once the Chamorro government had stabilized the monetary system following the Sandinista period.

Thomas De La Rue's involvement signaled a deliberate break from domestic printing arrangements that had contributed to inflationary overproduction under the prior regime.

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