Convert Nicaraguan Córdoba to Ethiopian Birr
Please provide values below to convert Nicaraguan Córdoba [NIO] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Nicaraguan Córdoba.
How to Convert Nicaraguan Córdoba to Ethiopian Birr
1 NIO = 0.269225364688386 ETB
Example: convert 15 NIO to ETB:
15 NIO = 15 × 0.269225364688386 ETB = 4.0383804703258 ETB
Nicaraguan Córdoba to Ethiopian Birr Conversion Table
| Nicaraguan Córdoba | Ethiopian Birr |
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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.
Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.