Nicaraguan córdoba

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Nicaraguan córdoba
córdoba nicaragüense (Spanish)
C$500 C$100
C$500 C$100
ISO 4217 Code NIO
User(s) Nicaragua
Inflation 9.6%
Source The World Factbook, 2005 est.
Subunit
1/100 centavo
Symbol C$
Coins 5, 10, 25, 50 centavos, C$1, C$5
Banknotes C$10, C$20, C$50, C$100, C$500
Central bank Banco Central de Nicaragua
Website www.bcn.gob.ni

The córdoba (ISO 4217 code: NIO) is the national currency of Nicaragua. It is divided into 100 centavos.

Contents

[edit] History

The córdoba was introduced on March 20, 1912. It replaced the peso at a rate of 12½ pesos = 1 córdoba and was initially equal to the US dollar. It was named after the founder of Nicaragua, Francisco Hernández de Córdoba.

On February 15, 1988, the "new córdoba" (nuevo córdoba) was introduced. It was equal to 1000 "old" córdobas. On April 30, 1991 the córdoba oro was introduced, worth 5 million "new córdobas". As of March 1, 2006 17 Cordoba oros equals one dollar.

[edit] Coins

All coins in Nicaragua have the Coat of Arms of the country on the obverse and the numeral of the denomination on the reverse. Coins are either copper, gold or silver in color.

1997 Series
Value Technical parameters Description Date of first minting
Diameter Mass Composition Edge Obverse Reverse
5 centavos 18.5 mm 3 g Copper plated steel Plain Coat of arms Value, "EN DIOS CONFIAMOS"1, year of minting 2002
10 centavos 20.5 mm 4 g Brass plated steel Reeded and plain sections Coat of arms Value, "EN DIOS CONFIAMOS"1, year of minting 2002
25 centavos 23.2 mm 5 g
50 centavos Nickel clad steel Coat of arms Value, "EN DIOS CONFIAMOS"1, year of minting 1997
C$1
C$5
For table standards, see the coin specification table.

[edit] Note

  1. "EN DIOS CONFIAMOS" - In God we trust

[edit] Banknotes

Like most banknotes, famous people from Nicaragua's history are depicted on the obverse. The Reverse sides depict landmarks or natural habitats in the country.

2002 Series
Image Value Main Color Description Date of printing
Obverse Reverse
C$10 Green Miguel Larreynaga Islets of Granada 2002
C$20 Orange José Santos Zelaya Atlantic Beach
C$50 Purple Pedro Joaquín Chamorro Fortress of El Castillo
C$100 Blue Rubén Darío Rubén Darío Theatre
C$500 Red José Dolores Estrada Hacienda San Jacinto
For table standards, see the banknote specification table.

[edit] Historical exchange rates

  • 1 USD =
    • 17.066 córdobas (June 5, 2006)
    • 17.1754 córdobas (January 13, 2006)
    • 16.300 córdobas (April 2005)
    • 15.5515 córdobas (December 2003)
  • 1 EUR =
    • 22.1168 córdobas (June 5, 2006)
    • 19.910 córdobas (January 2006)
    • 21.361 córdobas (April 2005)
    • 19.6462 córdobas (December 2003)
Current NIO exchange rates
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[edit] References

[edit] External links


Currencies of the Americas
Northern America Bermuda dollar | Canadian dollar | Danish krone (Greenland) | Euro (Saint-Pierre et Miquelon) | US dollar | Mexican peso
Central America Belize dollar | Costa Rican colón | Guatemalan quetzal | Honduran lempira | Nicaraguan córdoba | Panamanian balboa | US dollar (El Salvador)
Caribbean Aruban florin | Bahamian dollar | Barbadian dollar | Cayman Islands dollar | Cuban peso | Cuban convertible peso | Dominican peso | East Caribbean dollar | Euro (Guadeloupe, Martinique) | Haitian gourde | Jamaican dollar | Netherlands Antillean gulden | Trinidad and Tobago dollar | US dollar (British Virgin Islands, Puerto Rico, Turks and Caicos Islands, U.S. Virgin Islands)
South America Argentine peso | Bolivian boliviano | Brazilian real | Chilean peso | Colombian peso | Euro (French Guiana) | Falkland Islands pound | Guyanese dollar | Paraguayan guaraní | Peruvian nuevo sol | Surinamese dollar | US dollar (Ecuador) | Uruguayan peso | Venezuelan bolívar
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