Convert Nicaraguan Córdoba to Burundian Franc
Please provide values below to convert Nicaraguan Córdoba [NIO] to Burundian Franc [BIF], or Convert Burundian Franc to Nicaraguan Córdoba.
How to Convert Nicaraguan Córdoba to Burundian Franc
1 NIO = 0.0123901122820455 BIF
Example: convert 15 NIO to BIF:
15 NIO = 15 × 0.0123901122820455 BIF = 0.185851684230682 BIF
Nicaraguan Córdoba to Burundian Franc Conversion Table
| Nicaraguan Córdoba | Burundian 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.
Burundian Franc
The Burundian Franc (BIF) is the official currency of Burundi, used for everyday transactions within the country.
History/Origin
The Burundian Franc was introduced in 1964, replacing the Belgian Congo franc, following Burundi's independence. It has undergone various redenominations and inflation adjustments over the years.
Current Use
Today, the BIF is widely used in Burundi for all monetary transactions, with coins and banknotes issued by the Central Bank of Burundi. It remains the legal tender in the country.