The basic monetary unit of Nicaragua, equal to 100 centavos.
- Two thousand workers abandoned their occupation of the Los Monos Park when the government promised roadwork jobs at 31 cordobas (two US dollars) per day.
- One main aim of this plan was to halt the rampant inflation of the Nicaraguan currency, the cordoba.
- The Sandinista Labor Federation is demanding a minimum wage that reflects the cost of the basic family bread basket, or 24,000 cordobas a month, which would double the present minimum wage.
Named after F. Fernández de Córdoba, a 16th-century Spanish governor of Nicaragua.
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