Convert Uruguayan Peso to Nicaraguan Córdoba
Please provide values below to convert Uruguayan Peso [UYU] to Nicaraguan Córdoba [NIO], or Convert Nicaraguan Córdoba to Uruguayan Peso.
How to Convert Uruguayan Peso to Nicaraguan Córdoba
1 UYU = 1.09551679705977 NIO
Example: convert 15 UYU to NIO:
15 UYU = 15 × 1.09551679705977 NIO = 16.4327519558965 NIO
Uruguayan Peso to Nicaraguan Córdoba Conversion Table
Uruguayan Peso | Nicaraguan Córdoba |
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Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.
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.