Convert Nicaraguan Córdoba to Canadian Dollar
Please provide values below to convert Nicaraguan Córdoba [NIO] to Canadian Dollar [CAD], or Convert Canadian Dollar to Nicaraguan Córdoba.
How to Convert Nicaraguan Córdoba to Canadian Dollar
1 NIO = 26.9990458715596 CAD
Example: convert 15 NIO to CAD:
15 NIO = 15 × 26.9990458715596 CAD = 404.985688073394 CAD
Nicaraguan Córdoba to Canadian Dollar Conversion Table
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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.
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.