Convert Nicaraguan Córdoba to Argentine Peso
Please provide values below to convert Nicaraguan Córdoba [NIO] to Argentine Peso [ARS], or Convert Argentine Peso to Nicaraguan Córdoba.
How to Convert Nicaraguan Córdoba to Argentine Peso
1 NIO = 0.0290531287267902 ARS
Example: convert 15 NIO to ARS:
15 NIO = 15 × 0.0290531287267902 ARS = 0.435796930901854 ARS
Nicaraguan Córdoba to Argentine Peso Conversion Table
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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.
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.