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20 Cordobas
| Issuer | Banco Central de Nicaragua |
|---|---|
| Year | 1999 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO CENTRAL DE NICARAGUA 20 VEINTE CORDOBAS CORDOBA CORDOBA JOSE SANTOS ZELAYA SERIE |
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| Protection type | Watermark, Security thread |
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| Comments |
Nicaragua's 1999 córdoba series was issued during a period of hard-won monetary stability following the hyperinflationary collapse of the late 1980s, when the córdoba oro replaced the old currency at a rate of five million to one. The 20-córdoba denomination sits at the practical center of that rebuilt system — common enough in daily commerce to accumulate genuine wear, which makes clean examples less obvious than the issue date might suggest.
Oberthur's Chantepie facility handled production. The security package — thread and watermark — reflects the modest specification typical of Nicaraguan notes of this generation, adequate for domestic circulation but not the more sophisticated multi-feature suites Oberthur was producing for other clients at the same time.