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 0.024010
Selling rate
NIO0.031921
Nicaraguan Córdoba (NIO)
Currency Details
Symbol: C$
ISO Code: NIO
Subunits: 1 Córdoba = 100 centavos
Banknotes and Coins
The Nicaraguan Córdoba is available in both coins and banknotes:
Coins:
Coins are available in denominations of
5 centavos
10 centavos
25 centavos
50 centavos
1 córdobas
5 córdobas
10 córdobas
Banknotes:
Current banknotes in circulation:
C$10
C$20
C$50
C$100
C$200
C$500
The banknotes and coins of the Nicaraguan Córdoba feature various cultural motifs, historical figures, and natural landmarks of Nicaragua.
History and Background
The Nicaraguan Córdoba has been the official currency of Nicaragua since 1912, replacing the peso. It is managed and issued by the Central Bank of Nicaragua (Banco Central de Nicaragua).
Economic Significance
The NIO is crucial to Nicaragua's economy, facilitating trade, investment, and daily transactions. Nicaragua's economy is primarily driven by agriculture, manufacturing, mining, and tourism.
Usage and Exchange
The Nicaraguan Córdoba is widely accepted across Nicaragua for all transactions. For international visitors and expatriates, exchanging foreign currency for Nicaraguan Córdobas can be done at banks, exchange bureaus, and ATMs. Credit and debit cards are widely accepted, making transactions convenient for tourists.
Conclusion
The Nicaraguan Córdoba is more than just a currency; it is a symbol of Nicaragua's economic development, cultural heritage, and natural resources. Understanding the NIO is essential for anyone engaging with Nicaragua's economy, whether as a resident or a visitor. The stability and accessibility of the Nicaraguan Córdoba play a significant role in the country's economic growth and development.
Currency Details
Symbol: C$
ISO Code: NIO
Subunits: 1 Córdoba = 100 centavos
Banknotes and Coins
The Nicaraguan Córdoba is available in both coins and banknotes:
Coins:
Coins are available in denominations of
5 centavos
10 centavos
25 centavos
50 centavos
1 córdobas
5 córdobas
10 córdobas
Banknotes:
Current banknotes in circulation:
C$10
C$20
C$50
C$100
C$200
C$500
The banknotes and coins of the Nicaraguan Córdoba feature various cultural motifs, historical figures, and natural landmarks of Nicaragua.
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.