Convert Nicaraguan Córdoba to Somali Shilling
Please provide values below to convert Nicaraguan Córdoba [NIO] to Somali Shilling [SOS], or Convert Somali Shilling to Nicaraguan Córdoba.
How to Convert Nicaraguan Córdoba to Somali Shilling
1 NIO = 0.0643746075700739 SOS
Example: convert 15 NIO to SOS:
15 NIO = 15 × 0.0643746075700739 SOS = 0.965619113551108 SOS
Nicaraguan Córdoba to Somali Shilling Conversion Table
| Nicaraguan Córdoba | Somali Shilling |
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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.
Somali Shilling
The Somali Shilling (SOS) is the official currency of Somalia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Somali Shilling was introduced in 1962, replacing the Somali Somali shilling, and has undergone various reforms and devaluations due to economic challenges and civil unrest over the decades.
Current Use
Today, the Somali Shilling remains the official currency of Somalia, used in cash transactions, with banknotes and coins issued by the Central Bank of Somalia. It is also used in some neighboring regions and for remittances.