Collection

El Salvador’s paper history is a ledger of shifts in what counts as money. In the late nineteenth and early twentieth centuries, bank issues and early state notes ran alongside coffee-backed credit, with printing houses carrying Latin American design language—guilloches, classic counters, portrait medallions—into San Salvador’s finance. The colón (introduced 1892) framed prices for a century while remittances from abroad grew into a structural source of foreign exchange and household liquidity.

In 2001 the country dollarized: colón notes gave way to the U.S. dollar, trading autonomy in monetary policy for lower inflation, deeper integration with dollar flows and clearer pricing for trade. Two decades later, the 2021 Bitcoin law layered a digital legal tender alongside cash dollars, a live test of payments, reserves and volatility management in a small open economy. Taken together, these transitions make Salvadoran paper (and its absence) a compact study in how policy choices, external accounts and trust move through design, denominations and use. Use the filters above to pivot by type or year as this section grows.