Convert Peruvian Nuevo Sol to Nicaraguan Córdoba
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Nicaraguan Córdoba [NIO], or Convert Nicaraguan Córdoba to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Nicaraguan Córdoba
1 PEN = 0.0967128977714469 NIO
Example: convert 15 PEN to NIO:
15 PEN = 15 × 0.0967128977714469 NIO = 1.4506934665717 NIO
Peruvian Nuevo Sol to Nicaraguan Córdoba Conversion Table
| Peruvian Nuevo Sol | Nicaraguan Córdoba |
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Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.
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.