Convert Nicaraguan Córdoba to Macedonian Denar
Please provide values below to convert Nicaraguan Córdoba [NIO] to Macedonian Denar [MKD], or Convert Macedonian Denar to Nicaraguan Córdoba.
How to Convert Nicaraguan Córdoba to Macedonian Denar
1 NIO = 0.696104515401413 MKD
Example: convert 15 NIO to MKD:
15 NIO = 15 × 0.696104515401413 MKD = 10.4415677310212 MKD
Nicaraguan Córdoba to Macedonian Denar Conversion Table
Nicaraguan Córdoba | Macedonian Denar |
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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.
Macedonian Denar
The Macedonian Denar (MKD) is the official currency of North Macedonia, used for all monetary transactions within the country.
History/Origin
The Denar was introduced in 1992 following the independence of North Macedonia, replacing the Yugoslav dinar. It has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Denar is actively used as the national currency for everyday transactions, banking, and trade in North Macedonia, with coins and banknotes issued by the National Bank of North Macedonia.