Original description as Heros nicaraguensis:
- Günther, Albert C. L. G. 1864. "Report of a collection of fishes made by Messrs. Dow, Godman, and Salvin in Guatemala". Proceedings of the Zoological Society of London. 1864, pp. 144-154 (crc00137)
- Hypsophrys unimaculatus Agassiz, 1859, with type locality at Lake Nicaragua. Determiner: Kullander et al., 1997
- Heros balteatus Gill, 1877, with type locality at Lake Nicaragua, Nicaragua. Determiner: Conkel, 1993
- Cichlasoma spilotum Meek, 1912, with type locality at Victoria, Costa Rica. Determiner: Conkel, 1993
Conservation: Hypsophrys nicaraguensis is evaluated by the international union for the conservation of nature in the iucn red list of threatened species as (LC) least concern (2019).