Convert Nicaraguan Córdoba to Swedish Krona
Please provide values below to convert Nicaraguan Córdoba [NIO] to Swedish Krona [SEK], or Convert Swedish Krona to Nicaraguan Córdoba.
How to Convert Nicaraguan Córdoba to Swedish Krona
1 NIO = 3.85425856270235 SEK
Example: convert 15 NIO to SEK:
15 NIO = 15 × 3.85425856270235 SEK = 57.8138784405352 SEK
Nicaraguan Córdoba to Swedish Krona 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.
Swedish Krona
The Swedish Krona (SEK) is the official currency of Sweden, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Swedish Krona was introduced in 1873, replacing the Riksdaler. It was initially pegged to gold and later transitioned to a floating exchange rate system. The currency has undergone various reforms, including decimalization in 1874 and modernization efforts in the 20th and 21st centuries.
Current Use
Today, the Swedish Krona is widely used across Sweden for all financial transactions, including cash, digital payments, and banking, and is recognized as a stable and integral part of the country's economy.