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20 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 | Printed in orange on a light ground, the obverse carries a central guilloche vignette with the numeral '20' at its centre, flanked by ornate lathe-work borders. To the right stands an intaglio portrait of Rafaela Herrera in period dress beside a cannon, identified by her name in the lower margin. The bank title 'BANCO CENTRAL DE NICARAGUA' arches across the top, with the denomination 'VEINTE CORDOBAS' in bold lettering below the central vignette, series letter and serial number appearing at left and right. |
|---|---|
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| Reverse lettering | BANCO CENTRAL DE NICARAGUA ABROGACION DEL TRATADO CHAMORRO BRYAN VEINTE CORDOBAS 20 |
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| Comments |
Nicaragua's 1972 issue came at an almost impossible moment: the catastrophic earthquake of December 23rd that year leveled central Managua, killed thousands, and destroyed much of the country's commercial infrastructure. Notes from this series entered circulation into an economy that had just been physically dismantled, with banking operations severely disrupted for weeks afterward.
Thomas De La Rue's printing for the Banco Central during this period was technically consistent with their broader Latin American output — competent intaglio work, reliable security thread integration, nothing experimental. The watermark is the sole machine-readable security feature, which was already modest by 1972 standards.