Nicaraguan córdoba

Encyclopedia : N : NI : NIC : Nicaraguan córdoba

The córdoba (ISO 4217 code: NIO) is the national currency of Nicaragua. It is divided into 100 centavos.

Contents

1 History
2 Denominations

2.1 Coins
2.2 Banknotes

3 Historical exchange rates
4 References
5 External links

History

The córdoba was introduced on March 20, 1912. It replaced the peso at a rate of 12½ pesos = 1 córdoba and was initially equal to the US dollar. It was named after the founder of Nicaragua, Francisco Hernández de Córdoba.

On February 15, 1988, the "new córdoba" (nuevo córdoba) was introduced. It was equal to 1000 "old" córdobas. On April 30, 1991 the córdoba oro was introduced, worth 5 million "new córdobas". As of March 1 2006 17 Cordoba oros equals one dollar.

Denominations

Coins

5 centavos
10 centavos
25 centavos
50 centavos
1 córdoba
2 córdobas
5 córdobas

Banknotes

10 córdobas
20 córdobas
50 córdobas
100 córdobas
500 córdobas

Historical exchange rates

1 USD = 17.1754 córdobas (January 13, 2006); 16.300 córdobas (April 2005); 15.5515 córdobas (December 2003)
1 EUR = 19.910 córdobas (January 2006); 21.361 córdobas (April 2005); 19.6462 córdobas (December 2003)

References

[Banco Central de Nicaragua: Billetes y Monedas en Circulación]
[Historical summary] from Global Financial Data

External links

[Pictures of Nicaraguan banknotes and coins]

Currencies of the Americas
Northern America	Bermuda dollar > Canadian dollar \| Danish krone (Greenland) \| Euro (Saint-Pierre et Miquelon) \| US dollar \| Mexican peso
Central America	Belize dollar \| Costa Rican colón \| Guatemalan quetzal \| Honduran lempira \| Nicaraguan córdoba \| Panamanian balboa \| US dollar (El Salvador)
Caribbean	Aruban florin > Bahamian dollar \| Barbados dollar \| Cayman Islands dollar \| Cuban peso \| Cuban convertible peso \| Dominican peso \| East Caribbean dollar \| Euro (Guadeloupe, Martinique) \| Haitian gourde \| Jamaican dollar \| Netherlands Antillean gulden \| Trinidad and Tobago dollar \| US dollar (British Virgin Islands, Puerto Rico, Turks and Caicos Islands, U.S. Virgin Islands)
South America	Argentine peso > Bolivian boliviano \| Brazilian real \| Chilean peso \| Colombian peso \| Euro (French Guiana) \| Falkland Islands pound \| Guyanese dollar \| Paraguayan guaraní \| Peruvian nuevo sol \| Suriname dollar \| US dollar (Ecuador) \| Uruguayan peso \| Venezuelan bolívar
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