Convert Bulgarian Lev to Nicaraguan Córdoba
Please provide values below to convert Bulgarian Lev [BGN] to Nicaraguan Córdoba [NIO], or Convert Nicaraguan Córdoba to Bulgarian Lev.
How to Convert Bulgarian Lev to Nicaraguan Córdoba
1 BGN = 0.0453322169726691 NIO
Example: convert 15 BGN to NIO:
15 BGN = 15 × 0.0453322169726691 NIO = 0.679983254590037 NIO
Bulgarian Lev to Nicaraguan Córdoba Conversion Table
Bulgarian Lev | Nicaraguan Córdoba |
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Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.
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.