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2 Córdobas

Issuer National Bank of Nicaragua Incorporated (Banco Nacional de Nicaragua)
Year 1939
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Reference(s) P#64
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Obverse lettering NATIONAL BANK OF NICARAGUA INCORPORATED BANCO NACIONAL DE NICARAGUA SERIE DE 1939 2 VALE POR DOS CÓRDOBAS ESTE BILLETE HA SIDO EMITIDO DE CONFORMIDAD COM LA LEY DE 20 DE MARZO DE 1912 Y SUS ENMIENDAS. SERA RECIBIDO EN PAGO DE LOS DERECHOS ADUANEROS Y FISCALES Y SERÁ DE CURSO LEGAL Y OBLIGATORIO PARA EL PAGO DE DEUDAS DENTRO DE LA REPUBLICA. DE CONFORMIDAD CON LA LEY DE 20 DE MARZO DE 1912 Y SUS ENMIENDAS Y BAJO LAS CONDICIONES QUE ESAS LEYES PRESCRIBEN EL `NATIONAL BANK OF NICARAGUA INCORPORATED`. PAGARÁ A LA VISTA AL PORTADOR DE ESTE BILLETE DOS CÓRDOBAS. AMERICAN BANK NOTE COMPANY
(Translation: National Bank of Nicaragua Incorporated National Bank of Nicaragua Series 1939 2 Worth for Two Cordobas This note has been issued in accordance with the Law of March 20, 1912 and its amendments. It will be received in payment of customs and tax duties and will be legal and mandatory for the payment of debt within the Republic. In accordance with the Law of March 20, 1912 and its amendments and under the conditions that these laws prescribe the National Bank of Nicaragua Incorporated. Will pay to the bearer of this note Two Cordobas on sight. American Bank Note Company)
Reverse description Printed in red-orange on plain paper. The Nicaraguan Coat of Arms occupies the centre, enclosed within a circular guilloche surround bearing the legend REPUBLICA DE NICARAGUA / AMERICA CENTRAL. Large ornate numeral 2 counters appear at each corner, flanked by intricate lathe-work rosettes, with the bilingual bank title across the top and the denomination DOS CÓRDOBAS in bold lettering at the foot.
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The Banco Nacional de Nicaragua was a peculiar institution — majority-owned by the Nicaraguan government but incorporated under U.S. law and headquartered in Managua with a New York charter, a structure that reflected the prolonged American financial supervision of Nicaragua that followed the Bryan-Chamorro Treaty era. By 1939 that arrangement was winding down, and full Nicaraguan control of the bank came in 1940, making this series one of the last issued under the hybrid regime.

ABNC printed the bulk of Nicaraguan currency throughout this period, and the 1939 series continued that relationship into its final year.

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