Convert Namibian Dollar to Nicaraguan Córdoba
Please provide values below to convert Namibian Dollar [NAD] to Nicaraguan Córdoba [NIO], or Convert Nicaraguan Córdoba to Namibian Dollar.
How to Convert Namibian Dollar to Nicaraguan Córdoba
1 NAD = 0.477535053906084 NIO
Example: convert 15 NAD to NIO:
15 NAD = 15 × 0.477535053906084 NIO = 7.16302580859127 NIO
Namibian Dollar to Nicaraguan Córdoba Conversion Table
| Namibian Dollar | Nicaraguan Córdoba |
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Namibian Dollar
The Namibian Dollar (NAD) is the official currency of Namibia, used for all monetary transactions within the country.
History/Origin
Introduced in 1993, replacing the South African Rand at par, the Namibian Dollar was established to establish a distinct national currency following independence from South Africa.
Current Use
The NAD is widely used in Namibia for everyday transactions, banking, and trade, and is pegged at par with the South African Rand, which is also accepted in Namibia.
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.