Convert United Arab Emirates Dirham to Nicaraguan Córdoba
Please provide values below to convert United Arab Emirates Dirham [AED] to Nicaraguan Córdoba [NIO], or Convert Nicaraguan Córdoba to United Arab Emirates Dirham.
How to Convert United Arab Emirates Dirham to Nicaraguan Córdoba
1 AED = 0.0998336332646482 NIO
Example: convert 15 AED to NIO:
15 AED = 15 × 0.0998336332646482 NIO = 1.49750449896972 NIO
United Arab Emirates Dirham to Nicaraguan Córdoba Conversion Table
United Arab Emirates Dirham | Nicaraguan Córdoba |
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United Arab Emirates Dirham
The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates, used for all monetary transactions within the country.
History/Origin
The AED was introduced in 1973, replacing the Qatar and Dubai riyal at par, to unify the various currencies used in the emirates and establish a national monetary system.
Current Use
The AED is widely used across the UAE for everyday transactions, banking, and international trade, and is recognized as a stable and reliable currency in the region.
Nicaraguan Córdoba
The Nicaraguan Córdoba (NIO) is the official currency of Nicaragua, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Nicaraguan Córdoba was introduced in 1912, replacing the Nicaraguan peso. It has undergone several redenominations and reforms, with the current version being issued in 1998 to stabilize the economy after periods of inflation.
Current Use
Today, the Nicaraguan Córdoba is the primary legal tender in Nicaragua, used in all financial transactions, banking, and commerce across the country.