← Locate on the map
Currency history

Nicaraguan córdoba — 1912 unit, including 1988 scale

Nicaraguan córdoba: a historical unit of account.

Dates in use
Introduction and ending not established
Ancestry branch
Spanish real / peso
Follow the connections

Where this money came from

Explore the whole ancestry

4 ancestors · 1 descendant. Follow a name to its history. Select a dated connection for its evidence.

DocumentedQualified
Follow the complete ancestry and descendants

The story

The new córdoba replaced the old córdoba at one to one thousand. Sources differ between 14 and 15 February; month precision avoids conflating reform announcement and implementation. [1]

The córdoba oro supplemented and then replaced the 1988 córdoba. Introduced as an account unit and later cash in 1990; floated against the prior córdoba until March 1991. No constant transition ratio asserted. [2]

Turning points

Currency replacement

The córdoba succeeded Nicaragua’s peso-denominated treasury currency under the 1912 law, circulating in 1913. [3]

Initially valued at

The first córdoba was established at the value of one US dollar. [4]

Sources and evidence

  1. Banco Central de Nicaragua · Reseña histórica de la moneda nacional; Deutsche Bundesbank · Metadata on the Exchange Rate Statistics, 24 September 2025 C999 ↗
  2. Deutsche Bundesbank · Metadata on the Exchange Rate Statistics, 24 September 2025; Banco Central de Nicaragua · Reseña histórica de la moneda nacional C1000 ↗
  3. Banco Central de Nicaragua · Reseña histórica de la moneda nacional C997 ↗
  4. Banco Central de Nicaragua · Los descubrimientos de Carmencita C998 ↗

Open the complete research record →

Full claims, evidence coverage, corrections and earlier interpretations are kept separately.

Cite this page

“Nicaraguan córdoba — 1912 unit, including 1988 scale.” The Family Tree of Money. © Field Technologies, Inc. Reader edition 2026-10-13; research dataset v44. https://familytreeofmoney.org/currency/FTM000079.html

Editorial evidence supplement · Download dataset v44

Find a currency