Convert Tanzanian Shilling to Nicaraguan Córdoba
Please provide values below to convert Tanzanian Shilling [TZS] to Nicaraguan Córdoba [NIO], or Convert Nicaraguan Córdoba to Tanzanian Shilling.
How to Convert Tanzanian Shilling to Nicaraguan Córdoba
1 TZS = 69.8664499187195 NIO
Example: convert 15 TZS to NIO:
15 TZS = 15 × 69.8664499187195 NIO = 1047.99674878079 NIO
Tanzanian Shilling to Nicaraguan Córdoba Conversion Table
| Tanzanian Shilling | Nicaraguan Córdoba |
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Tanzanian Shilling
The Tanzanian Shilling (TZS) is the official currency of Tanzania, used for everyday transactions within the country.
History/Origin
Introduced in 1966, replacing the East African Shilling, the Tanzanian Shilling has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Tanzanian Shilling is widely used in Tanzania for all forms of financial transactions, including cash payments, banking, and trade, and is managed by the Bank of Tanzania.
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.