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50 Córdobas
| Issuer | Banco Nacional de Nicaragua |
|---|---|
| Year | 1942-1945 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Printer | American Bank Note Company, New York, United States |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | BANCO NACIONAL DE NICARAGUA DEPARTAMENTO DE EMISIÓN, MANAGUA SERIE DE 1945 50 VALE POR CINCUENTA CÓRDOBAS ESTE BILLETE HA SIDO EMITIDO DE CONFORMIDAD CON EL DECRETO-LEY DE 20 DE OCTUBRE DE 1940 LA LEY DE 4 DE AGOSTO DE 1941; DEBERÁ SER 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 EL DECRETO-LEY DE 26 DE OCTUBRE DE 1940 Y LA LEY DE 4 DE AGOSTO DE 1941, Y BAJO LAS CONDICIONES PRESCRITAS EN LOS MISMOS, EL BANCO NACIONAL DE NICARAGUA, DEPARTAMENTO DE EMISIÓN, PAGARÁ A LA VISTA AL PORTADOR, POR ESTE BILLETE CINCUENTA CÓRDOBAS. AMERICAN BANK NOTE COMPANY (Translation: National Bank of Nicaragua Emission Department, Managua Series 1945 50 Worth Fifty Cordobas This note has been issued in accordance with the Decree-Law of October 20, 1940, the Law of August 4, 1941; it must be received in payment of customs and tax duties and will be legal tender and mandatory for the payment of debts within the Republic. In accordance with the Decree-Law of October 26, 1940 and the Law of August 4, 1941, and under the conditions prescribed therein, the National Bank of Nicaragua, Emission Department, shall pay at sight to the bearer, for this note, Fifty Cordobas. American Bank Note Company) |
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| Variants | P#96a - 1942 P#96b - 1945 |
| Comments |
The Banco Nacional de Nicaragua held an unusual dual role throughout this period — functioning simultaneously as the country's central bank and as a commercial institution, a structural oddity that persisted until the establishment of the Banco Central in 1960. Notes of this series were printed by the American Bank Note Company under contract arrangements that were standard practice for Central American issuers who lacked domestic printing infrastructure capable of producing secure currency.
The wartime years of this note's issue window complicated dollar-denominated trade and foreign exchange management across Nicaragua, as Allied shipping priorities disrupted regional commerce. The 50 córdoba denomination circulated primarily in commercial and government transactions rather than retail use — a sum well beyond daily wages for most Nicaraguans in the early 1940s.