← 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

Its place in the family

All ancestors and descendants ↗

Parents 1

Nicaraguan córdoba

This currency

Children 1

Trace its ancestry backwardExplore all incoming and outgoing connections →

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