← Read the currency articleNicaraguan córdoba — 1912 unit, including 1988 scale: research record
Evidence coverage: 1912–1991. This is the span of collected observations, not the currency’s lifetime.
This record includes associated currencies and earlier interpretations. The article selects the evidence relevant to its own history.
← Locate this currency on the treeCurrency continuity
Nicaraguan córdoba — 1912 unit, including 1988 scale
FTM000079 · Research draft
Same córdoba rescaled in 1988. The independently introduced córdoba oro is not automatically merged.
One scoped currency identity. Changes to subdivisions, scale, standard, instruments or issuers do not by themselves create children. A distinct account unit can remain a successor.
Dated observations: 1912–1991; this does not establish the entire lifetime.
Parents / predecessors
Children / successors
Names and unit scales 2 records
These stages belong to this profile, not separate branches.
Córdoba1912–1988 · source record FTM000079
New córdoba1988–1991 · source record FTM000080
Unit and issue records 1 records
Evidence within this identity, not separate currencies.
New córdobaFTM000963 · C999, C1000
Standards and other context
standard alignmentUSDparity doesnotestablish córdobaancestry; primary1913law converts localpeso contracts,statutes,feesandfines to córdobas.
C998, C1605
Latest research
Modern account-unit reviewUSDparity doesnotestablish córdobaancestry; primary1913law converts localpeso contracts,statutes,feesandfines to córdobas. Replaceancestrypath by documentedexistingpeso parent; retainUSDstandard ascontext.
Sources and qualifications → Reforms within this currency
1988-02Redenominated asThe 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.
1000 Córdoba per 1 New córdobaV0228 · 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.
C999
Monetary history 3 events
Includes dated issues, standards, subdivisions and institutional changes. Each event retains the source's date qualifications.
1912–1913Currency replacementThe córdoba succeeded Nicaragua’s peso-denominated treasury currency under the 1912 law, circulating in 1913.
C997 1912-03-20Initially valued atThe first córdoba was established at the value of one US dollar.
C998 1988-02Redenominated asThe 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.
C999
Evidence & research notes 6 claims
Dated observations, not a proven complete lifespan.
Supported C999
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.
Banco Central de Nicaragua · Reseña histórica de la moneda nacional Citation S476 ·
Open source ↗1878–1879 peso issues; 1912 law and 1913 circulation; 1988 and 1990 reforms
Deutsche Bundesbank · Metadata on the Exchange Rate Statistics, 24 September 2025 Citation S98 ·
Open source ↗Prior inspected evidence retained; see claim-specific locator
Source access and limitations
Historical reference, not a 2026 legal-status audit.
Only selected country milestones used.
Supported C1000
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.
Deutsche Bundesbank · Metadata on the Exchange Rate Statistics, 24 September 2025 Citation S98 ·
Open source ↗Prior inspected evidence retained; see claim-specific locator
Source access and limitations
Historical reference, not a 2026 legal-status audit.
Only selected country milestones used.
Banco Central de Nicaragua · Reseña histórica de la moneda nacional Citation S476 ·
Open source ↗1878–1879 peso issues; 1912 law and 1913 circulation; 1988 and 1990 reforms
Supported C997
The córdoba succeeded Nicaragua’s peso-denominated treasury currency under the 1912 law, circulating in 1913.
Banco Central de Nicaragua · Reseña histórica de la moneda nacional Citation S476 ·
Open source ↗1878–1879 peso issues; 1912 law and 1913 circulation; 1988 and 1990 reforms
Supported C998
The first córdoba was established at the value of one US dollar.
Banco Central de Nicaragua · Los descubrimientos de Carmencita Citation S475 ·
Open source ↗Account of the 20 March 1912 law establishing the córdoba equal to the US dollar
Supported C1605
USDparity doesnotestablish córdobaancestry; primary1913law converts localpeso contracts,statutes,feesandfines to córdobas.
Nicaraguan legislature · Ley de reducción proporcional del peso a córdoba en contratos, negocios u obligaciones, 13 March 1913 Citation S726 ·
Open source ↗Articles 1–2 and 4; La Gaceta103,8May1913
Source access and limitations
Not a complete origin, lifespan or current-status audit.
Supported C1662
Nicaragua converts laws, contracts, fees, fines and unspecified-money obligations from pesos to córdobas at1250:100.
Nicaraguan legislature · Ley de reducción proporcional del peso a córdoba en contratos, negocios u obligaciones, 13 March 1913 Citation S726 ·
Open source ↗Articles 1–2 and 4; La Gaceta103,8May1913
Source access and limitations
Not a complete origin, lifespan or current-status audit.