Convert Nicaraguan Córdoba to Dominican Peso
Please provide values below to convert Nicaraguan Córdoba [NIO] to Dominican Peso [DOP], or Convert Dominican Peso to Nicaraguan Córdoba.
How to Convert Nicaraguan Córdoba to Dominican Peso
1 NIO = 0.609537538731753 DOP
Example: convert 15 NIO to DOP:
15 NIO = 15 × 0.609537538731753 DOP = 9.14306308097629 DOP
Nicaraguan Córdoba to Dominican Peso Conversion Table
| Nicaraguan Córdoba | Dominican Peso |
|---|
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.
Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.