Currency Rate
Nicaragua Cordoba to USD
Our Currency Rate NIO latest updates allow you to track real-time exchange rates effortlessly. By accessing and analyzing accurate and current data, you'll stay informed on the NIO. We provide comprehensive information to meet all your financial needs effectively.
Buying rate
NIO 0.024047
Selling rate
NIO0.031971
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The Nicaraguan córdoba (symbol: C$; code: NIO) is the official currency of Nicaragua.
Currency Details
- Country code NI
- Symbol NIO
- ISO Code NIO
- Subunits 1 Córdoba = 100 Centavos
Coins
- 5 centavos
- 10 centavos
- 25 centavos
- 50 centavos
- 1 córdoba
- 5 córdobas
- 10 córdobas
Banknotes
- 10 córdobas
- 20 córdobas
- 50 córdobas
- 100 córdobas
- 200 córdobas
- 500 córdobas
Nicaraguan Córdoba (NIO)
History and Background
The Nicaraguan Córdoba has been the official currency of Nicaragua since 1912, replacing the peso. It is managed and issued by the Central Bank of Nicaragua (Banco Central de Nicaragua).
Economic Significance
The NIO is crucial to Nicaragua's economy, facilitating trade, investment, and daily transactions. Nicaragua's economy is primarily driven by agriculture, manufacturing, mining, and tourism.
Usage and Exchange
The Nicaraguan Córdoba is widely accepted across Nicaragua for all transactions. For international visitors and expatriates, exchanging foreign currency for Nicaraguan Córdobas can be done at banks, exchange bureaus, and ATMs. Credit and debit cards are widely accepted, making transactions convenient for tourists.
Conclusion
The Nicaraguan Córdoba is more than just a currency; it is a symbol of Nicaragua's economic development, cultural heritage, and natural resources. Understanding the NIO is essential for anyone engaging with Nicaragua's economy, whether as a resident or a visitor. The stability and accessibility of the Nicaraguan Córdoba play a significant role in the country's economic growth and development.
History and Background
The Nicaraguan Córdoba has been the official currency of Nicaragua since 1912, replacing the peso. It is managed and issued by the Central Bank of Nicaragua (Banco Central de Nicaragua).
Economic Significance
The NIO is crucial to Nicaragua's economy, facilitating trade, investment, and daily transactions. Nicaragua's economy is primarily driven by agriculture, manufacturing, mining, and tourism.
Usage and Exchange
The Nicaraguan Córdoba is widely accepted across Nicaragua for all transactions. For international visitors and expatriates, exchanging foreign currency for Nicaraguan Córdobas can be done at banks, exchange bureaus, and ATMs. Credit and debit cards are widely accepted, making transactions convenient for tourists.
Conclusion
The Nicaraguan Córdoba is more than just a currency; it is a symbol of Nicaragua's economic development, cultural heritage, and natural resources. Understanding the NIO is essential for anyone engaging with Nicaragua's economy, whether as a resident or a visitor. The stability and accessibility of the Nicaraguan Córdoba play a significant role in the country's economic growth and development.