Convert Canadian Dollar to Nicaraguan Córdoba
Please provide values below to convert Canadian Dollar [CAD] to Nicaraguan Córdoba [NIO], or Convert Nicaraguan Córdoba to Canadian Dollar.
How to Convert Canadian Dollar to Nicaraguan Córdoba
1 CAD = 0.0370383459014522 NIO
Example: convert 15 CAD to NIO:
15 CAD = 15 × 0.0370383459014522 NIO = 0.555575188521783 NIO
Canadian Dollar to Nicaraguan Córdoba Conversion Table
| Canadian Dollar | Nicaraguan Córdoba |
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Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
Nicaraguan Córdoba
The Nicaraguan Córdoba (NIO) is the official currency of Nicaragua, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Nicaraguan Córdoba was introduced in 1912, replacing the Nicaraguan peso. It has undergone several redenominations and reforms, with the current version being issued in 1998 to stabilize the economy after periods of inflation.
Current Use
Today, the Nicaraguan Córdoba is the primary legal tender in Nicaragua, used in all financial transactions, banking, and commerce across the country.