Convert Nicaraguan Córdoba to Bermudan Dollar
Please provide values below to convert Nicaraguan Córdoba [NIO] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Nicaraguan Córdoba.
How to Convert Nicaraguan Córdoba to Bermudan Dollar
1 NIO = 36.7862 BMD
Example: convert 15 NIO to BMD:
15 NIO = 15 × 36.7862 BMD = 551.793 BMD
Nicaraguan Córdoba to Bermudan Dollar Conversion Table
| Nicaraguan Córdoba | Bermudan Dollar |
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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.
Bermudan Dollar
The Bermudan Dollar (BMD) is the official currency of Bermuda, used for all monetary transactions within the territory.
History/Origin
Introduced in 1970, the Bermudan Dollar replaced the Bermudian Pound at par, aligning Bermuda's currency with the US dollar for economic stability and convenience.
Current Use
The Bermudan Dollar is widely accepted in Bermuda, often pegged at par to the US dollar, and is used in everyday transactions, banking, and commerce within the territory.