Convert Indonesian Rupiah to Nicaraguan Cordoba
Convert Indonesian Rupiah (IDR) to Nicaraguan Cordoba (NIO) using daily updated exchange rates.
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Exchange Rate
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About Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, the world's fourth most populous country and largest archipelago nation. The word "rupiah" derives from the Sanskrit "rupyakam" (silver). First issued in 1946, the rupiah replaced the Dutch colonial guilder. Bank Indonesia manages monetary policy. Indonesia is a member of the G20 and has one of Southeast Asia's largest economies, driven by natural resource exports (coal, palm oil, rubber, metals) and a growing domestic consumer market.
About Nicaraguan Cordoba
The Nicaraguan Cordoba (NIO) is the official currency of Nicaragua, named after Francisco Hernandez de Cordoba, the Spanish conquistador who founded several of Nicaragua's major colonial cities. The current gold cordoba was introduced in 1991 following a period of hyperinflation under the Nicaraguan Revolution government, replacing the old cordoba at a rate of 5 million to 1. The Banco Central de Nicaragua manages monetary policy with a crawling peg exchange rate that depreciates against the US Dollar at a controlled rate of approximately 3% per year.
Quick Reference Table
| Indonesian Rupiah (IDR) | Nicaraguan Cordoba (NIO) |
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).