Nicaraguan Córdoba · NIO
C$ symbol · 1 country currently using this currency.
Currency info
Adopted: 1912
Currency family: Other
The córdoba is one of the few currencies named after a conquistador rather than a national hero or historical figure.
- Introduced in 1912 to replace the Nicaraguan peso at a rate of 1 córdoba = 1 peso
- Named after Francisco Hernández de Córdoba, the Spanish conquistador who founded Granada and León
- Redenominated in 1988 with the introduction of the new córdoba, removing three zeros from the currency
- Pegged to the US dollar from 1991 to 2023, maintaining a fixed exchange rate
- Currently a free-floating currency managed by Nicaragua's central bank
Countries currently using this currency
Related
Other Other currencies
Historical predecessor
Nicaraguan peso