b24_0682 - 5 Pesos Oro DOMINICAN REPUBLIC 1987 P.118c
* We have multiple instances of this banknote in our inventory, so the banknote you receive is likely to have a different serial number.
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Item sold on our e-shop
Price : 7.62 €
Item sold on our e-shop
Price : 7.62 €
Face Value : 5 Pesos Oro
Date: 1987
Period/Provinces/Banks Banco Central de la Republica Dominicana
Catalogue reference : P.118c
Commentary
Portrait de Sanchez / barrage.
Portrait of Sanchez / Dam
Portrait of Sanchez / Dam
Historical background
DOMINICAN REPUBLIC
Santo Domingo was discovered by Christopher Columbus in 1492 and named Hispaniola. It is the first province of the Spaniards who call it Santo Domingo. French then Spanish, the island was under the control of the United States at the beginning of the 20th century. In 1962, the first free elections took place but, in 1963, a putsch overthrew power. Order was restored in 1965 after American intervention. Joaquin Balaguer was elected president in 1966, 1970 and 1974 and returned in 1986, 1990 and 1994. He had to face many difficulties: natural disasters (cyclones), inflation, corruption and social inequalities, among others.
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