- Paying the bills -

Nicaragua Gets New Colourful, Attractive and Safer Banknotes

13_Dinero Portada

TODAY NICARAGUA – Starting on October 26 the new banknotes for all denominations will begin circulating in the country, introduced by the Nicaragua Central Bank (Banco Central de Nicaragua (BCN), to meet the demand for cash for the 2015-2017 period.

“The issuance of the new notes is done to meet demand and replenish the central bank notes withdrawn from circulation due to deterioration, and improve the security features of banknotes in circulation,” said Ovidio Reyes, president of the BCN.

- payin the bills -

According to the BCN, counterfeiting in Nicaragua is rather low on average, only 17 per million banknotes.

Reyes said that the circulation of the current bills will continue until they are replaced gradually.

The official said changes were also made “to make them as well as being safer, they are colourful and attractive, incorporating new images of historic buildings, landscapes and traditions that promote the identity, culture and beauty of our country”.

The new banknotes were printed by a French company at a cost of US$17 million dollars, winning the 2014 tender that also participated companies from Germany, Canada, England and Poland. Each new bill costs between 6 and 9 U.S. cents, according to the BCN.

- paying the bills -

db3d7d124556e1367ec68fabb897b7b8 afd714341f0d9928a91d9fa0f5677d92 59c2ce8c56dc9042bd2f48d91f6dceee 0dfaeec1ca9caaf539847f3a246624be

Source: El Nuevo Diario

Related Articles

Nicaragua opposition calls for abstention on election day

TODAY NICARAGUA - Organizations of the Nicaraguan Democratic Opposition called to...

Ortega regime to the US ambassador: “Give up imposing your creeping and decadent Yankee policies”

TODAY NICARAGUA - Nicaragua's Ministry of Foreign Affairs accused the United...

MOST READ

- paying the bills -

Let's Keep This Going!

To be updated with all the latest news and information about Nicaragua and Latin America.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.