Convert 1 Indian Rupee (INR) to Nicaraguan Cordoba (NIO)
Exchange rates used for currency conversion updated on 27th May 2019 ( 27/05/2019 )
Below you will find the latest exchange rate for exchanging Indian Rupee (INR) to Nicaraguan Cordoba (NIO) , a table containing most common conversions and a chart with the pair's evolution.
The Indian Rupee (INR) to Nicaraguan Cordoba (NIO) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
Under the monetary policy of the Reserve Bank of India (RBI) the INR, Indian rupee, having once been held back by a centrally planned economy it is increasing its presence in world currency markets as the central planning and controls are released and the Indian economy is released, embracing the free markets. The INR is a floats against a basket of goods and other currencies and it is increasing in worldwide importance as the underlying economy grows and the RBI continues to focus on price stability and the general well being of the country.
About Nicaraguan Cordoba (NIO)
Nicaragua’s official currency is the cordoba. The cordoba is divided into 100 centavos and is issued in denominations of C$10, C$20, C$50, C$100 and C$500. Banks will provide currency exchange and visitors may also find the many retailers and moneychangers will exchange currency, particularly for the US Dollar. The US Dollar is spendable in the country with most retailers gladly accepting this form of currency for payment.