Convert Nicaraguan Córdoba to Philippine Peso
Please provide values below to convert Nicaraguan Córdoba [NIO] to Philippine Peso [PHP], or Convert Philippine Peso to Nicaraguan Córdoba.
How to Convert Nicaraguan Córdoba to Philippine Peso
1 NIO = 0.646025889365199 PHP
Example: convert 15 NIO to PHP:
15 NIO = 15 × 0.646025889365199 PHP = 9.69038834047799 PHP
Nicaraguan Córdoba to Philippine Peso Conversion Table
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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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.