america: Nicaragua

Showing posts with label Nicaragua. Show all posts

04 March, 2021

...Nicaragua - 5 Cordobas Polymer Note 60th Anniversary of Banco Central De Nicaragua 1960-2020

Republica de Nicaragua

(Republic of Nicaragua)

Banco Central de Nicaragua

(Central Bank of Nicaragua)

Currency - Cordoba (NIO)

This is a five Cordobas commemorative polymer note issued on 01.10.2020. This note was issued for the celebration of the 60th Anniversary of the Central Bank of Nicaragua and the note is printed on polymer substrate.

The Central Bank of Nicaragua was established in 1960 and commenced operations on 01.01.1961. The bank is 100% owned by the Nicaraguan government. The current President of the bank is Leonardo Ovidio Reyes Ramirez. He was appointed in January 2014. The bank's head office is located in the capital city of Managua.

The currency of cordoba was first introduced on 20.03.1912. Before then, the currency of Nicaragua was called peso moneda corriente (PMC). The exchange rate from the old to the new currency was 12.5 PMC for one new cordoba. The cordola currency was named after the Conquistador Francisco Hernandez de Cordoba who was the founder of Nicaragua. Since the introduction of the cordoba currency, the central bank had since revalued its currency twice. The first time was on 15.02.1988, when the new cordoba equaled 1000 old cordobas. On 30.04.1991, a new cordoba was again introduced and this time the exchange rate was 5 million old cordobas equal to one new cordoba.

Design

Front - the central bank building printed in Spanish - Edificio Del BCN (BCN Building). Also on the print it also printed with the test of "Sesenta Aniversario Del BCN" and "Emitiento Confianza Y Estabilidad". Its literary means - Sixty Anniversary of BCN and Issuing Confidence and Stability.

Back - On the back, it depicts the highway overpass of Paso A Desnivel Las Piedrecitas (overpass Las Piedrecitas). This overpass was built in 2016 by a Mexican construction firm called Facosa. The project was completed well ahead of schedule due date (May 2017). The purpose of this overpass was to ease daily commuters through Managua's western access by reducing traveling time from 45 minutes to less than 10 minutes. The project cost the government US$16.5m. The overpass is made up of two ramps, with one measuring 650m long and 15m high and the other one 475m long and 9m high.

It appears that Nicaragua has now switched all it's cotton based banknotes to polymer substrate.

Dimensions - 126mm x 67mm

Five Cordobas

Dated 2019, Central Bank of Nicaragua building

Reverse - highway overpass of Paso A Desnivel Las Piedrecitas

06 January, 2020

Nicaragua - 500 and 1000 Cardobas ND2019 Polymer

República de Nicaragua
(Republic of Nicaragua)

Banco Central De Nicaragua

(Central Bank of Nicaragua)

Currency : Cardoba (NIO)

These are the two notes issued on 08.07.2019. Both notes are printed on polymer materials. These two notes complete the polymer series of Nicaragua. The previous polymer series (10 to 200 cardobas) were all released in 2015. The 1000 cardobas is the largest denomination circulating in the country.

First prefix is letter A and replacement notes are printed with the letter R.

Five Hundred Cardobas

ND2019, Cathedral of Leon built in 1814 (UNESCO World Heritage site)

Reverse - Momotombo volcano (1297 meters) near the city of Leon

One Thousand Cardobas

ND2019, Hacinda San jacinto, a historical site where a battle was fought in 1856 between the national army against foreign invaders led by William Walker (an American filibuster b.1824), who was later executed by the government of Honduras in 1860.

Reverse - Castillo de la inmaculada Concepcion Rio San Juan

21 September, 2018

...Nicaragua - 100 Cordobas 2007

República de Nicaragua

Republic of Nicaragua

One Hundred Cordobas

Dated 2007, P204

Reverse

08 July, 2017

...Nicaragua - 2015 Series R Replacement Polymer Set

A complete set of replacement notes issued on 26.10.2015. This set comprises 5 polymer and one paper note. Unlike other issuing authorities, Nicaragua used the letter R for all their replacement notes.

Ten Cordobas

ND2015, P210r

Reverse

Twenty Cordobas

ND2015, P211r

Reverse

Fifty Cordobas

ND2015, P212r

Reverse

One Hundred Cordobas

ND2015, P213r

Reverse

Two Hundred Cordobas

ND2015, P214r

Reverse

Five Hundred Cordobas (Paper)

ND2015, P215r

Reverse

24 February, 2016

Nicaragua - 1000 Cordolas 2016 Commemorative

Commemorative note issued on 01.12.2016 commemorating the 100th anniversary of the death of Felix Ruben Gracia Sarmiento also known as Ruben Dario (18.01.1867-06.02.1916). Ruben Dario was a Poet. The note, on the front, is printed with the following poetry; -

!oh pueblos nuestros! !oh pueblos nuestros! Juntaos en la esperanza y en el trabajo y la paz; no busqueis las tinieblas, no persigais el caos, y no regueis con sangre nuestra tierra feraz.
(O our people! O our people! Join together in hope and work and peace; Seek not darkness, do not persecute chaos, and do not wipe our fertile earth with blood.)

This note is predominately printed in green colour. This is the first 1000 Cordolas denomination issued since 1999.

One Thousand Cordolas

Dated 2016, P216

Reverse

01 January, 2016

Nicaragua - 2015 Series

Ten Cardobas

ND2015, P208

Reverse

Twenty Cardobas

ND2015, P209

Reverse

Fifty Cardobas

ND2015, P210

Reverse

One Hundred Cardobas

ND2015, P211

Reverse

Two Hundred Cardobas

ND2015, 212

Reverse

Five Hundred Cardobas (Paper)

ND2015, P213

Reverse

This is a very colourful set of new series released on the 26.10.2015. This set comprises of 6 notes, all printed on polymer material with the exception of the 500 Cardobas (paper) denomination. All notes are bearing with the same signatures. The height of all notes are the same, measuring at 67mm and the width is extended by approx. 5mm each, starting with 132mm for the lowest denomination of 10 Cardobas value.