Nicaraguan Cordoba to Canadian Dollar — exchange rate

Country of Circulation: Nicaragua

Currency Code, Symbol: NIO, C$

Denominations of coins in circulation: 5, 10, 25, 50 centavos, C$1, C$5

Denominations of banknotes in circulation: C$5, C$10, C$20, C$50, C$100, C$200, C$500, C$1,000

History: The Nicaraguan córdoba (C$) is the official currency of Nicaragua. International currency exchange uses NIO as an abbreviation for the córdoba. The Nicaraguan córdoba is subdivided into centavos.Every NIO has 100 centavos. The currency has become official in 1912. It took the place of the outdated Nicaraguan peso. The currency has faced inflation a couple of times. Thus, in the 80s of the past century, overprints that added to value were pretty common. Due to how easy it was to counterfeit, fake notes took over the market.Read More

Country of Circulation: Canada

Currency Code, Symbol: CAD, $

Denominations of coins in circulation: 5¢, 10¢, 25¢, $1, $2

Denominations of banknotes in circulation: $5, $10, $20, $50, $100

History: The Canadian dollar (symbol: CA$, code: CAD, number 124) is used for financial operations within Canada. The abbreviation of the currency used on the exchange market and in exchange offices is CAD. One Canadian dollar correlates to 100 cents.The currency was introduced in 1858. The government had used the Spanish real previously. Some types and denominations of the $ currency are not issued anymore. However, Canada officially accepts all types of currency units that have been issued since 1935. It should be mentioned that CAD is included in the list of the most traded world currencies, namely in the top ten.Read More