Convert Indian Rupee to Nicaraguan Cordoba
Convert Indian Rupee (INR) to Nicaraguan Cordoba (NIO) using daily updated exchange rates.
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Exchange Rate
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About Indian Rupee
The Indian Rupee (INR) is the official currency of India, the world's most populous country and fifth largest economy. The name "rupee" derives from the Sanskrit "rupyakam" (silver coin), used since the Maurya Empire around 300 BCE. The Reserve Bank of India (RBI) manages monetary policy. The rupee was decimalised in 1957 and is divided into 100 paise, though paise coins below 50 are no longer in circulation. India's economy is driven by information technology services, pharmaceuticals, textiles, agriculture, and rapidly growing manufacturing.
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
| Indian Rupee (INR) | 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).