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Nicaragua has new bills | May 20, 2009

Image courtesy of the Central Bank of Nicaragua (BCN).
Cinthia Membreño

Since Friday, May 15, Nicaragua has new C$10 and C$20 bills made of Polymer Substratum, a material that is very similar to plastic and, as reported by the local media, makes bills resistant to water, hard to falsify and also ecological because its production waste can be recycled.

According to information given to the local media by the Central Bank of Nicaragua (BCN) during a press conference, the old C$50, C$100 and C$500 bills will also be substituted by others of the same material, however, the exact date of this change was not specified. Moreover, a C$200 bill will be introduced during the first days of June.

As reported, Nicaragua is now the second country in the Central American region, after Guatemala, that uses bills made of this material, and joins the other 27 nations around the world that have adopted the measure.