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2 Cordobas

Issuer Banco Central de Nicaragua
Year 1972
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Printer Thomas De La Rue & Company, London, United Kingdom
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Obverse description Green intaglio print over a multicolor guilloche underprint, with a vignette of the Banco Central de Nicaragua building at right. The four corners bear the numeral «2» within ornate rosette panels, and the border is framed by an intricate engraved design. Textual inscriptions referencing the authorizing resolutions of April 1972 appear across the face.
Obverse lettering Banco Central de Nicaragua Dos Córdobas Resolución del consejo directivo del Banco Central de Nicaragua, de 20 de abril de 1972 Decreto ejecutivo no. 73 MEIC de 27 de abril de 1972
(Translation: Central Bank of Nicaragua Two Córdobas Resolution of the board of directors of the Central Bank of Nicaragua, of April 20, 1972 Executive decree No. 73 MEIC of April 27, 1972)
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Comments

Nicaragua's 1972 issue predates the catastrophic Managua earthquake of December that year by only months — the disaster killed thousands, destabilized the Somoza government's already fragile finances, and triggered the monetary pressures that would eventually force repeated reissues of the low-denomination series. Notes from this print run entered circulation into an economy that was about to absorb a humanitarian and fiscal shock almost simultaneously.

Thomas De La Rue printed the series with their characteristic intaglio security work. The 2 Córdobas was the workhorse denomination for daily transactions, meaning genuine uncirculated survivors are proportionally rarer than their higher-value counterparts from the same run.

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