Convert Nicaraguan Córdoba to Swiss Franc
Please provide values below to convert Nicaraguan Córdoba [NIO] to Swiss Franc [CHF], or Convert Swiss Franc to Nicaraguan Córdoba.
How to Convert Nicaraguan Córdoba to Swiss Franc
1 NIO = 46.2777707887785 CHF
Example: convert 15 NIO to CHF:
15 NIO = 15 × 46.2777707887785 CHF = 694.166561831677 CHF
Nicaraguan Córdoba to Swiss Franc 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.
Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.