Convert Nicaraguan Córdoba to Thai Baht
Please provide values below to convert Nicaraguan Córdoba [NIO] to Thai Baht [THB], or Convert Thai Baht to Nicaraguan Córdoba.
How to Convert Nicaraguan Córdoba to Thai Baht
1 NIO = 1.14198170902069 THB
Example: convert 15 NIO to THB:
15 NIO = 15 × 1.14198170902069 THB = 17.1297256353104 THB
Nicaraguan Córdoba to Thai Baht Conversion Table
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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.
Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.