Cordoba Oro (NIO)

The Cordoba Oro is issued by the Central Bank of Nicaragua.

Alphabetic code
NIO
Numeric code
558
Symbol
C$
Minor units
2
Example
NIO 1,234.50
Used in
Nicaragua

History

  1. 1912 A monetary reform law adopted on 20 March establishes the córdoba as Nicaragua’s currency.
  2. 1913 The first córdoba notes and coins begin circulating in March.
  3. 1988 The córdoba nuevo replaces the earlier córdoba at one new unit for 1,000 old units on 14 February.
  4. 1990 Decree 23-90 of 26 June provides for conversion to the córdoba oro at parity with the US dollar.

Live exchange rates

Sources