NIO · NIO
Nicaraguan Córdoba (NIO)
The Nicaraguan córdoba (NIO) is the official currency of Nicaragua, issued by the Central Bank of Nicaragua. It is named after Francisco Hernández de Córdoba, the founder of Nicaragua.
Convert this currency
Converted amount
0.0273 USD
Exchange rate
1 NIO = 0.027304 USD
Updated
8/9/2026 12:00 AM
Source
ApiForex Managed Source 3
NIO · Nicaraguan Córdoba
Nicaraguan Córdoba (NIO): Overview and History
The Nicaraguan córdoba (NIO) has been the national currency of Nicaragua since 1912, when it replaced the peso. The currency is named after Francisco Hernández de Córdoba, the Spanish conquistador who founded the country. The córdoba is subdivided into 100 centavos and is issued by the Central Bank of Nicaragua, which manages its circulation and monetary policy.
Over the years, the córdoba has undergone several redenominations due to periods of high inflation. The current córdoba, introduced in 1990, replaced the old córdoba at a rate of 1 new córdoba to 1,000 old córdobas. The currency is available in both coins and banknotes, with banknotes featuring notable Nicaraguan figures and landmarks.
The exchange rate of the córdoba is determined by the foreign exchange market, and the Central Bank of Nicaragua intervenes to maintain stability. The currency is widely used in Nicaragua for all transactions, and its value is influenced by economic factors such as trade, remittances, and fiscal policy. As with any currency, its purchasing power can fluctuate over time.
- Code
- NIO
- Symbol
- NIO
- Current rate
- USD / NIO
Currency information
Last updated · 8/7/2026
The Córdoba was introduced in 1912, replacing the peso.
- Official name
- Córdoba
- Legal tender status
- Legal tender in Nicaragua
- Decimal places
- 2
- Minor unit
- Centavo · 1 NIO = 100 Centavo
- Countries
- Nicaragua
- Issuing authority
- Central Bank of Nicaragua
- Central bank
- Central Bank of Nicaragua · Official website
- Exchange-rate regime
- Managed float
Common banknotes
C$10 · C$20 · C$50 · C$100 · C$200 · C$500 · C$1000
Common coins
5 centavos · 10 centavos · 25 centavos · 50 centavos · C$1 · C$5 · C$10
Also known as
Córdoba · Nicaraguan Córdoba · NIO · C$
Practical notes
- The currency is named after Francisco Hernández de Córdoba, the founder of Nicaragua.
Priority currency pairs
The most useful conversions for this currency.
Nicaraguan Córdoba questions
What is the NIO exchange rate?
The displayed rate is the latest available reference rate for USD/NIO. It can change throughout the day.
How can I convert NIO online?
Use the converter above to calculate indicative amounts between NIO and the other supported currencies.