Convert Russian Ruble to Nicaraguan Córdoba
Please provide values below to convert Russian Ruble [RUB] to Nicaraguan Córdoba [NIO], or Convert Nicaraguan Córdoba to Russian Ruble.
How to Convert Russian Ruble to Nicaraguan Córdoba
1 RUB = 2.13151671007062 NIO
Example: convert 15 RUB to NIO:
15 RUB = 15 × 2.13151671007062 NIO = 31.9727506510594 NIO
Russian Ruble to Nicaraguan Córdoba Conversion Table
| Russian Ruble | Nicaraguan Córdoba |
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Russian Ruble
The Russian Ruble (RUB) is the official currency of Russia, used for everyday transactions and financial exchanges within the country.
History/Origin
The Ruble has been the currency of Russia for centuries, with origins dating back to the 13th century. It has undergone various reforms and redenominations, most notably after the Soviet Union's dissolution in 1991, establishing the modern RUB as the national currency.
Current Use
Today, the Russian Ruble is widely used throughout Russia for all forms of payment, including cash, electronic transfers, and banking transactions. It is also traded on international currency markets.
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.