Convert Malaysian Ringgit to Nicaraguan Córdoba
Please provide values below to convert Malaysian Ringgit [MYR] to Nicaraguan Córdoba [NIO], or Convert Nicaraguan Córdoba to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Nicaraguan Córdoba
1 MYR = 0.115026830713692 NIO
Example: convert 15 MYR to NIO:
15 MYR = 15 × 0.115026830713692 NIO = 1.72540246070537 NIO
Malaysian Ringgit to Nicaraguan Córdoba Conversion Table
| Malaysian Ringgit | Nicaraguan Córdoba |
|---|
Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.
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.