Convert Nicaraguan Córdoba to Nigerian Naira
Please provide values below to convert Nicaraguan Córdoba [NIO] to Nigerian Naira [NGN], or Convert Nigerian Naira to Nicaraguan Córdoba.
How to Convert Nicaraguan Córdoba to Nigerian Naira
1 NIO = 0.024032227285909 NGN
Example: convert 15 NIO to NGN:
15 NIO = 15 × 0.024032227285909 NGN = 0.360483409288635 NGN
Nicaraguan Córdoba to Nigerian Naira Conversion Table
| Nicaraguan Córdoba | Nigerian Naira |
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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.
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.