Convert 1 Nicaraguan Cordoba (NIO) to British Pound Sterling (GBP)
Exchange rates used for currency conversion updated on 20th May 2019 ( 20/05/2019 )
Below you will find the latest exchange rate for exchanging Nicaraguan Cordoba (NIO) to British Pound Sterling (GBP) , a table containing most common conversions and a chart with the pair's evolution.
The Nicaraguan Cordoba (NIO) to British Pound Sterling (GBP) 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.
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.
About British Pound Sterling (GBP)
Monetary policies affecting the pound sterling (GBP) are dispersed amongst 8 separate central banks throughout the territories, dependencies, and countries of the United Kingdom. The Bank of England is the primary central bank and is responsible for monetary policy and currency issuance in England, Wales, Scotland, and Northern Ireland. This floating currency is the third most widely held reserve currency in the world. The future of the GBP is dependent upon the political decision of whether or not to allow the GBP to be absorbed by the euro, effectively placing all of the United Kingdom into the eurozone.