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50 Cordobas

Issuer Banco Central de Nicaragua
Year 2002
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Printer Canadian Bank Note Company, Ottawa
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Reverse description An intaglio aerial vignette of the Castillo de la Inmaculada Concepción fortress on the Río San Juan occupies the left and centre of the note over a lilac guilloche underprint. The Nicaraguan national coat of arms — a triangle enclosing a landscape of five volcanoes beneath a rising sun, encircled by the legend 'REPUBLICA DE NICARAGUA / AMERICA CENTRAL' — appears as the principal emblem to the right. The denomination 'CINCUENTA CORDOBAS' is rendered in bold across the lower portion, with repeating 'CORDOBA' lettering running along the borders.
Reverse lettering BANCO CENTRAL DE NICARAGUA EL CASTILLO DE LA INMACULADA CONCEPCION, RIO SAN JUAN CINCUENTA CORDOBAS REPUBLICA DE NICARAGUA AMERICA CENTRAL
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The Canadian Bank Note Company has handled Nicaraguan printing contracts across multiple monetary eras, including the post-Sandinista stabilization period when the córdoba oro replaced the hyperinflated córdoba at a rate of five million to one. By 2002 the currency had settled, but Nicaragua remained one of the poorest economies in the Western Hemisphere, and a 50-córdoba note represented meaningful purchasing power in daily commerce.

P#193 carries only a watermark as its declared security feature — modest by contemporary standards, though consistent with the security specification applied across this particular series.

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