Convert Philippine Peso to Nicaraguan Córdoba
Please provide values below to convert Philippine Peso [PHP] to Nicaraguan Córdoba [NIO], or Convert Nicaraguan Córdoba to Philippine Peso.
How to Convert Philippine Peso to Nicaraguan Córdoba
1 PHP = 1.54792558078845 NIO
Example: convert 15 PHP to NIO:
15 PHP = 15 × 1.54792558078845 NIO = 23.2188837118267 NIO
Philippine Peso to Nicaraguan Córdoba Conversion Table
| Philippine Peso | Nicaraguan Córdoba |
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Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.
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.