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50 Centavos

Issuer Banco Central de Nicaragua
Year 1992
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Printer Canadian Bank Note Company, Canada (1897-date)
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Obverse description Intaglio portrait of Francisco Hernández de Córdoba at left, rendered in fine line engraving against a guilloche underprint in muted tones. The denomination '1/2' appears in each lower corner and at upper left, with a multicolour rosette vignette and a small branch motif at right centre. Three facsimile signature panels with printed titles are arranged vertically in the centre field, above the letterpress legend at foot.
Obverse lettering BANCO CENTRAL DE NICARAGUA CINCUENTA CENTAVOS DE CORDOBA
(Translation: Central Bank of Nicaragua Fifty Cents of a Cordoba)
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Comments

Nicaragua's córdoba underwent a second major redenomination in 1991, replacing the córdoba oro at par — itself a stabilization currency introduced just two years earlier to arrest hyperinflation that had peaked above 30,000% annually in 1988. The 50 centavos sits at the fractional end of that rebuilt system, issued by the Canadian Bank Note Company out of Ottawa at a moment when the country was still navigating post-Sandinista economic reconstruction under the newly elected Chamorro government.

CBN had a long-standing relationship with Nicaraguan currency production through this period, handling much of the series consistently.

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