Convert Nicaraguan Córdoba to Australian Dollar
Please provide values below to convert Nicaraguan Córdoba [NIO] to Australian Dollar [AUD], or Convert Australian Dollar to Nicaraguan Córdoba.
How to Convert Nicaraguan Córdoba to Australian Dollar
1 NIO = 24.0558461940884 AUD
Example: convert 15 NIO to AUD:
15 NIO = 15 × 24.0558461940884 AUD = 360.837692911326 AUD
Nicaraguan Córdoba to Australian Dollar 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.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.