Convert Nicaraguan Córdoba to Qatari Rial
Please provide values below to convert Nicaraguan Córdoba [NIO] to Qatari Rial [QAR], or Convert Qatari Rial to Nicaraguan Córdoba.
How to Convert Nicaraguan Córdoba to Qatari Rial
1 NIO = 10.1060989010989 QAR
Example: convert 15 NIO to QAR:
15 NIO = 15 × 10.1060989010989 QAR = 151.591483516484 QAR
Nicaraguan Córdoba to Qatari Rial Conversion Table
| Nicaraguan Córdoba | Qatari Rial |
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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.
Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.