Convert New Taiwan Dollar to Nicaraguan Córdoba
Please provide values below to convert New Taiwan Dollar [TWD] to Nicaraguan Córdoba [NIO], or Convert Nicaraguan Córdoba to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Nicaraguan Córdoba
1 TWD = 0.798261304510931 NIO
Example: convert 15 TWD to NIO:
15 TWD = 15 × 0.798261304510931 NIO = 11.973919567664 NIO
New Taiwan Dollar to Nicaraguan Córdoba Conversion Table
| New Taiwan Dollar | Nicaraguan Córdoba |
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange 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.