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Nicaragua - 10 Nicaraguan Córdoba - P-188 - Forgein Paper Money

Inv# FM1441   Foreign Paper Money
Country: Nicaragua
Years: 1999

10 Cordobas, 1999, P-188. Crisp Uncirculated. The córdoba is the currency of Nicaragua. It is divided into 100 centavos. The first córdoba was introduced with the new National Bank of Nicaragua (Banco Nacional de Nicaragua Incorporado) which was created in 1912 , after which the government of Adolfo Díaz promulgated the Monetary Conversion Law, in March 1912. This law created the monetary unit Córdoba, but due to the prevailing political instability at that time, the Córdoba did not circulate until mid-1913. It replaced the peso moneda corriente at a rate of 12+12 pesos m/c = 1 córdoba and the peso fuerte at par. It was initially nearly equal to the US dollar. It was named after the Conquistador Francisco Hernández de Córdoba. In 1960 the Central Bank of Nicaragua (BCN) was founded and the banknotes and coins that until that date were issued by the National Bank of Nicaragua, began to be issued by the central bank. On February 15, 1988, the 2nd córdoba was introduced. It was equal to 1,000 1st córdobas. On April 30, 1991, the third córdoba, also called the córdoba oro, was introduced, worth 5,000,000 2nd córdobas. Read more at https://en.wikipedia.org/wiki/Nicaraguan_c%C3%B3rdoba

Miguel Jerónimo Larreinaga y Silva (April 29, 1771 – April 28, 1847) was a Nicaraguan philosopher, humanist, lawyer and poet. He was one of the people who traveled to Spain in 1818 to ask for independence of the Central American Republic, which was granted to Nicaragua and four other countries in 1821. He is depicted on the obverse of the current C$10 Córdoba note in Nicaragua. Miguel Larreinaga was born in León, Nicaragua. His father was Joaquín Larreinaga, who was Spanish and died before his birth, and his mother was Manuela Balmaceda y Silva who died in childbirth. His paternal grandfather adopted and educated him. Larreinaga died on April 20, 1847. His remains are buried under the floor of Our Lady of Grace Cathedral, León. Read more at https://en.wikipedia.org/wiki/Miguel_Larreynaga

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Price: $10.00