Convert Nicaraguan Córdoba to Uruguayan Peso
Please provide values below to convert Nicaraguan Córdoba [NIO] to Uruguayan Peso [UYU], or Convert Uruguayan Peso to Nicaraguan Córdoba.
How to Convert Nicaraguan Córdoba to Uruguayan Peso
1 NIO = 0.912811198042675 UYU
Example: convert 15 NIO to UYU:
15 NIO = 15 × 0.912811198042675 UYU = 13.6921679706401 UYU
Nicaraguan Córdoba to Uruguayan Peso Conversion Table
Nicaraguan Córdoba | Uruguayan Peso |
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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.
Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.