Skip to main content

Nicaragua - 200 Cordobas - P-205 - ERROR - 2012 dated Foreign Paper Money

Inv# FM1987   Foreign Paper Money Cat# p-205
Nicaragua - 200 Cordobas - P-205 -  ERROR - 2012 dated Foreign Paper Money
Country: Nicaragua
Years: 2012

Nicaragua 200 Cordobos - President, Central Bank Nicaragua. Printing Error. The córdoba is the currency of Nicaragua and 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+1?2 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 of the 1st córdobas. Read more at https://en.wikipedia.org/wiki/Nicaraguan_c%C3%B3rdoba

Condition: C.U.
Item ordered may not be exact piece shown. All original and authentic.
OUT OF STOCK