Introduced in 1912, the Nicaraguan Córdoba was named after the country’s founder, Francisco Hernández de Córdoba. This colorful currency underwent a dramatic shift in the late 1980s when hyperinflation led to the introduction of the “nuevo córdoba.” During this challenging period, denominations with astronomical zeros were printed, reflecting the economic turmoil. However, subsequent monetary reforms successfully stabilized the currency.

The Córdoba’s vibrant design often features prominent national symbols and influential Nicaraguan figures. For instance, the 500-córdoba note showcases Rubén Darío, one of Latin America’s greatest poets, celebrating the country’s rich cultural heritage. The blend of historical narratives and artistic expression on its banknotes makes the Nicaraguan Córdoba not just a medium of exchange but also a storyteller of the nation’s past and aspirations.