Convert Nicaraguan Córdoba to Cayman Islands Dollar
Please provide values below to convert Nicaraguan Córdoba [NIO] to Cayman Islands Dollar [KYD], or Convert Cayman Islands Dollar to Nicaraguan Córdoba.
How to Convert Nicaraguan Córdoba to Cayman Islands Dollar
1 NIO = 44.1452058082323 KYD
Example: convert 15 NIO to KYD:
15 NIO = 15 × 44.1452058082323 KYD = 662.178087123485 KYD
Nicaraguan Córdoba to Cayman Islands Dollar Conversion Table
| Nicaraguan Córdoba | Cayman Islands Dollar |
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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.
Cayman Islands Dollar
The Cayman Islands Dollar (KYD) is the official currency of the Cayman Islands, used for all monetary transactions within the territory.
History/Origin
Introduced in 1972, the Cayman Islands Dollar replaced the Jamaican dollar at par, establishing a stable local currency for the financial sector and tourism industry.
Current Use
The KYD is widely used in the Cayman Islands for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate of 1 KYD = 1.20 USD.