Nicaraguan Cordoba (NIO) Exchange Rates on 21st April 2015 (21/04/2015)

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Exchange rates for Nicaraguan Cordoba (NIO)

Updated: 2015-04-21
Convert from Convert to 1 NIO Conversion in currency Conversion
NIO GBP 0.0235 NIO to GBP 42.4938 GBP to NIO
NIO BGN 0.0579 NIO to BGN 17.2641 BGN to NIO
NIO HRK 0.2251 NIO to HRK 4.4423 HRK to NIO
NIO CZK 0.8152 NIO to CZK 1.2267 CZK to NIO
NIO DKK 0.2198 NIO to DKK 4.5492 DKK to NIO
NIO EEK 0 NIO to EEK 0 EEK to NIO
NIO HUF 9.2792 NIO to HUF 0.1078 HUF to NIO
NIO KZT 6.9454 NIO to KZT 0.144 KZT to NIO
NIO LVL 0.0207 NIO to LVL 48.1976 LVL to NIO
NIO LTL 0.102 NIO to LTL 9.8067 LTL to NIO
NIO MKD 1.813 NIO to MKD 0.5516 MKD to NIO
NIO MDL 0.5457 NIO to MDL 1.8325 MDL to NIO
NIO NOK 0.2435 NIO to NOK 4.1066 NOK to NIO
NIO PLN 0.124 NIO to PLN 8.0675 PLN to NIO
NIO RON 0.1305 NIO to RON 7.6646 RON to NIO
NIO RUB 1.4332 NIO to RUB 0.6978 RUB to NIO
NIO SKK 0 NIO to SKK 0 SKK to NIO
NIO SEK 0.2721 NIO to SEK 3.6747 SEK to NIO
NIO CHF 0.0357 NIO to CHF 27.998 CHF to NIO
NIO TRY 0.084 NIO to TRY 11.9035 TRY to NIO
NIO UAH 0.4953 NIO to UAH 2.0189 UAH to NIO



Nicaraguan Cordoba (NIO)

Sign CNT$
1 Nicaraguan Cordoba is subdivided into 100 centavos.

Nicaragua is a large country in Central America. It borders Honduras and Costa Rica and sits very close to the Equator. Nicaragua is surrounded by the Caribbean Sea on the east and the Pacific Ocean on the west. The country was the first in the Americas to completely change the production of paper currency into polymer banknotes. These were issued in 2009 in order to fight counterfeiting and to reduce the need for reprinting banknotes. Banknotes that were issued before this time are still considered to be legal tender in Nicaragua.

Coins used:
5, 10, 25, 50 centavos, C$1, C$5, C$10

Banknotes used:
C$10, C$20, C$50, C$100, C$200, C$500

Central Bank
Central Bank of Nicaragua
http://www.bcn.gob.ni
The official currency of Nicaragua is the Cordoba. The cordoba is divided into 100 cents or centavos. The cordoba was introduced in 1912 and at that time was equal in value to the US Dollar. The new cordoba was introduced in 1991 and was equal to 1000 old cordobas. The cordoba is also often referred to as a peso or cord. The currency is issued in denominations of C$10, C$20, C$50, C$100 and C$500. Coins are issued in denominations of C$.25, C$.50, C$1 and C$5. Larger denominations such as the C$100 are often difficult to change.

The US Dollar is accepted at most retailers and other establishments in Nicaragua unless the bills are damaged or worn. Prices are often offered in US Dollars but cordobas are considered to be much simpler to use in the country. The US Dollar is the only form of foreign currency that is freely exchangeable in the country. Travelers will find it very easy to exchange US Dollars in currency or travelers checks at any bank that offers this service or through the many retailers that provide exchanges. Smaller businesses will likely only accept cordobas. Many banks offer currency exchange and there are smaller retailers who will gladly convert US Dollars into cordobas for a small fee.

Visa and MasterCard are accepted widely throughout Nicaragua, particularly at larger establishments including most restaurants and hotels. In many places where the electricity is unstable, credit cards may not be accepted so it is recommended that anyone visiting these areas stop by a bank for a currency exchange to ensure that they have an adequate amount of cordoba with them. This is true for most of the Caribbean Coast throughout the country. There may also be moneychangers throughout the larger cities who will exchange currency for a fee. These fees however may often be much higher than exchanges done through official banks.

Other References
Wikipedia article on Nicaraguan Cordoba
XE.com Live Currency Converter for NIO

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