Nicaragua - Collection of 10 Banknotes - 1985-2003 dated Foreign Paper Money - P for Sale

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Nicaragua - Collection of 10 Banknotes - 1985-2003 dated Foreign Paper Money - P For Sale

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Nicaragua - Collection of 10 Banknotes - 1985-2003 dated Foreign Paper Money - P:
$44.50

5,000, 20,000, 50,000, 100,000, 500,000, 200,000, 500,000, 10,000,000, 5 and 10 Cordobas. 1985 to 2003. P-146, 147, 148, 149, 150, 162, 163, 166, 180 and P-191. Exceptional Collection of 10 Banknotes. The crdoba is the currency of Nicaragua. It is divided into 100 centavos. The first crdoba 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 Daz promulgated the Monetary Conversion Law, in March 1912. This law created the monetary unit Crdoba, but due to the prevailing political instability at that time, the Crdoba did not circulate until mid-1913. It replaced the peso moneda corriente at a rate of 12+1?2 pesos m/c = 1 crdoba and the peso fuerte at par. It was initially nearly equal to the US dollar. It was named after the Conquistador Francisco Hernndez de Crdoba. 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 crdoba was introduced. It was equal to 1,000 1st crdobas. On April 30, 1991, the third crdoba, also called the crdoba oro, was introduced, worth 5,000,000 2nd crdobas. Read more at Item ordered may not be exact piece shown. All original and authentic.