Convert Thai Baht to Nicaraguan Córdoba
Please provide values below to convert Thai Baht [THB] to Nicaraguan Córdoba [NIO], or Convert Nicaraguan Córdoba to Thai Baht.
How to Convert Thai Baht to Nicaraguan Córdoba
1 THB = 0.875670767842289 NIO
Example: convert 15 THB to NIO:
15 THB = 15 × 0.875670767842289 NIO = 13.1350615176343 NIO
Thai Baht to Nicaraguan Córdoba Conversion Table
| Thai Baht | Nicaraguan Córdoba |
|---|
Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.
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.