Convert Kuwaiti Dinar to Nicaraguan Córdoba
Please provide values below to convert Kuwaiti Dinar [KWD] to Nicaraguan Córdoba [NIO], or Convert Nicaraguan Córdoba to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Nicaraguan Córdoba
1 KWD = 0.00830202630334201 NIO
Example: convert 15 KWD to NIO:
15 KWD = 15 × 0.00830202630334201 NIO = 0.12453039455013 NIO
Kuwaiti Dinar to Nicaraguan Córdoba Conversion Table
| Kuwaiti Dinar | Nicaraguan Córdoba |
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Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.
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.