Convert Nicaraguan Córdoba to Iranian Rial
Please provide values below to convert Nicaraguan Córdoba [NIO] to Iranian Rial [IRR], or Convert Iranian Rial to Nicaraguan Córdoba.
How to Convert Nicaraguan Córdoba to Iranian Rial
1 NIO = 0.000866828648331718 IRR
Example: convert 15 NIO to IRR:
15 NIO = 15 × 0.000866828648331718 IRR = 0.0130024297249758 IRR
Nicaraguan Córdoba to Iranian Rial Conversion Table
| Nicaraguan Córdoba | Iranian Rial |
|---|
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.
Iranian Rial
The Iranian Rial (IRR) is the official currency of Iran, used for everyday transactions and pricing within the country.
History/Origin
The Iranian Rial was introduced in 1932, replacing the Iranian Toman. It has undergone several redenominations and inflation periods, with the current form established in 2002 to address hyperinflation.
Current Use
Today, the IRR is the primary currency used in Iran for all financial transactions, though the currency experiences high inflation and is often used alongside other forms of payment such as digital currencies and foreign currencies in certain contexts.