Nicaraguan Cordoba Currency | Nicaragua

Nicaraguan Cordoba Currency:

Cordoba is the official legal tender currency in Nicaragua. It is a decimalized currency and it is further subdivided into one hundred equal units called centavos. It is denoted by the symbol C$. There were three series of issuance of cordoba commencing from March 20, 1912. When the first cordoba was issued in 1912, it was approximately equal to US dollar, substituting the earlier peso moneda corriente at a rate of 12 ½ pesos m/c=1 cordoba and the peso fuerte at par. The second cordoba was issued on February 15, 1988 which was equivalent to 1000 cordobas issued earlier. The third series of cordoba which was issued on April 30, 1991 is known as cordoba oro worth five millions the second series of cordobas.

The present banknotes that are in circulation in Nicaragua are C$10, C$20, C$50, C$100, C$200, C$500 and C$1,000. The coins which are in circulation are 5, 10, 25, 50 centavos, C$1, C$5 and C$10.

Nicaraguan Cordoba (Nicaragua):

Code: NIO

Subunit:       

1/100 = centavo

Symbol: C$

Banknotes:  

C$10, C$20, C$50, C$100, C$200, C$500, C$1,000

Coins:

5, 10, 25, 50 centavos, C$1, C$5, C$10

Central bank:

Central Bank of Nicaragua