Convert Kazakhstani Tenge to Nicaraguan Cordoba
Convert Kazakhstani Tenge (KZT) to Nicaraguan Cordoba (NIO) using daily updated exchange rates.
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Exchange Rate
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About Kazakhstani Tenge
The Kazakhstani Tenge (KZT) became the official currency of Kazakhstan in November 1993, replacing the Soviet ruble following independence in 1991. Kazakhstan is Central Asia's largest and wealthiest economy, possessing enormous reserves of oil, natural gas, uranium (the world's top uranium producer), copper, zinc, and other minerals. The National Bank of Kazakhstan manages monetary policy. The tenge experienced significant devaluations in 2009 and 2015 in response to falling oil prices and the devaluation of the Russian ruble.
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
| Kazakhstani Tenge (KZT) | 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).