Convert Nicaraguan Córdoba to Djiboutian Franc
Please provide values below to convert Nicaraguan Córdoba [NIO] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Nicaraguan Córdoba.
How to Convert Nicaraguan Córdoba to Djiboutian Franc
1 NIO = 0.206988481946422 DJF
Example: convert 15 NIO to DJF:
15 NIO = 15 × 0.206988481946422 DJF = 3.10482722919632 DJF
Nicaraguan Córdoba to Djiboutian Franc Conversion Table
| Nicaraguan Córdoba | Djiboutian Franc |
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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.
Djiboutian Franc
The Djiboutian Franc (DJF) is the official currency of Djibouti, used for all monetary transactions within the country.
History/Origin
The Djiboutian Franc was introduced in 1949, replacing the French Franc at par, and has been the country's official currency since then, with its value maintained by the Central Bank of Djibouti.
Current Use
The DJF is widely used in Djibouti for everyday transactions, banking, and trade, and is pegged to the US dollar at a fixed rate to ensure stability.