Convert Nicaraguan Córdoba to South Korean Won
Please provide values below to convert Nicaraguan Córdoba [NIO] to South Korean Won [KRW], or Convert South Korean Won to Nicaraguan Córdoba.
How to Convert Nicaraguan Córdoba to South Korean Won
1 NIO = 0.0266070926401476 KRW
Example: convert 15 NIO to KRW:
15 NIO = 15 × 0.0266070926401476 KRW = 0.399106389602214 KRW
Nicaraguan Córdoba to South Korean Won Conversion Table
| Nicaraguan Córdoba | South Korean Won |
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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.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.