Convert Nicaraguan Córdoba to Salvadoran Colón
Please provide values below to convert Nicaraguan Córdoba [NIO] to Salvadoran Colón [SVC], or Convert Salvadoran Colón to Nicaraguan Córdoba.
How to Convert Nicaraguan Córdoba to Salvadoran Colón
1 NIO = 4.20925800588259 SVC
Example: convert 15 NIO to SVC:
15 NIO = 15 × 4.20925800588259 SVC = 63.1388700882388 SVC
Nicaraguan Córdoba to Salvadoran Colón Conversion Table
| Nicaraguan Córdoba | Salvadoran Colón |
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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.
Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.