Convert Mauritian Rupee to Nicaraguan Cordoba
Convert Mauritian Rupee (MUR) to Nicaraguan Cordoba (NIO) using daily updated exchange rates.
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Exchange Rate
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About Mauritian Rupee
The Mauritian Rupee (MUR) is the official currency of Mauritius, an island nation in the Indian Ocean known for its diversified and well-managed economy. The Bank of Mauritius manages monetary policy with a managed float regime. Mauritius has successfully transitioned from a mono-crop sugar economy to a multi-pillar economy driven by financial services, tourism, textiles, information and communication technology, and seafood processing. It has one of Africa's highest income levels and a reputation for political stability and good governance. The rupee is divided into 100 cents.
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
| Mauritian Rupee (MUR) | 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).