Convert Nicaraguan Córdoba to Malaysian Ringgit
Please provide values below to convert Nicaraguan Córdoba [NIO] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to Nicaraguan Córdoba.
How to Convert Nicaraguan Córdoba to Malaysian Ringgit
1 NIO = 8.69362385971546 MYR
Example: convert 15 NIO to MYR:
15 NIO = 15 × 8.69362385971546 MYR = 130.404357895732 MYR
Nicaraguan Córdoba to Malaysian Ringgit Conversion Table
| Nicaraguan Córdoba | Malaysian Ringgit |
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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.
Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.