Convert Nicaraguan Cordoba to Danish Krone
Convert Nicaraguan Cordoba (NIO) to Danish Krone (DKK) using daily updated exchange rates.
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Exchange Rate
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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.
About Danish Krone
The Danish Krone (DKK) is the official currency of Denmark, Greenland, and the Faroe Islands. First introduced in 1875 as part of the Scandinavian Monetary Union alongside Sweden and Norway, it has been Denmark's sole official currency since 1914. Denmark is an EU member but has a formal opt-out from adopting the Euro, and the krone has been pegged to the Euro within a narrow band of plus or minus 2.25% since 1999 (previously pegged to the Deutsche Mark since 1982). Danmarks Nationalbank manages the peg primarily through interest rate policy.
Quick Reference Table
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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).