Nicaraguan Cordoba to US 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 It took the place of the outdated Nicaraguan peso.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: United States, British Virgin Islands, Ecuador, Panama and others

Currency Code, Symbol: USD, $

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

Denominations of banknotes in circulation: $1, $2, $5, $10, $20, $50, $100

History: The US dollar ($) is the national currency of the United States of America, one of the global reserve currencies. It is used as an official currency unit in Salvador, Marshall Islands, Panama, Bermuda. USD is used as an abbreviation for convenience and internationalization purposes.The US dollar is subdivided into cents. Every dollar has 100 cents. The currency has existed since 1792. The first dollars were made out of silver, then paper notes appeared. They have had the traditional greenish or grey color from the outset. Around 35 million pieces of dollars of different denomination worth 635 million emigrate to the USA daily. 95% of the banknotes are to replace worn-out notes.Read More