Notes from Nicaragua #2: Fake 500s circulating again
Apparently counterfeit 500-cordoba notes are doing the rounds again, and unscrupulous money-changers and retailers who get stuck with them are dumping them on unsuspecting consumers.
How to spot a fake 500:
Hold it up to the light with the picture of the house facing you. A watermark of Sandino will appear like a ghost right to the left of the house.
I now do this every time someone gives me a 500, except in the bank, where checking the watermark is not necessary.