Convert Nicaraguan Córdoba to Rwandan Franc
Please provide values below to convert Nicaraguan Córdoba [NIO] to Rwandan Franc [RWF], or Convert Rwandan Franc to Nicaraguan Córdoba.
How to Convert Nicaraguan Córdoba to Rwandan Franc
1 NIO = 0.025415860665518 RWF
Example: convert 15 NIO to RWF:
15 NIO = 15 × 0.025415860665518 RWF = 0.38123790998277 RWF
Nicaraguan Córdoba to Rwandan Franc Conversion Table
| Nicaraguan Córdoba | Rwandan Franc |
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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.
Rwandan Franc
The Rwandan Franc (RWF) is the official currency of Rwanda, used for all monetary transactions within the country.
History/Origin
The Rwandan Franc was introduced in 1964, replacing the Rwandan Congolese franc, and has undergone various redenominations and updates since then to stabilize the economy and facilitate trade.
Current Use
Today, the Rwandan Franc is widely used in Rwanda for everyday transactions, banking, and trade, with coins and banknotes issued by the National Bank of Rwanda.