Convert Nicaraguan Cordoba to Guatemalan Quetzal
Convert Nicaraguan Cordoba (NIO) to Guatemalan Quetzal (GTQ) 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 Guatemalan Quetzal
The Guatemalan Quetzal (GTQ) is the official currency of Guatemala, named after the resplendent quetzal bird, the national symbol of Guatemala and one of the world's most spectacular tropical birds. The quetzal was introduced in 1925, replacing the peso. The Banco de Guatemala manages monetary policy. Guatemala is the largest economy in Central America, with agriculture (coffee, sugar, bananas, cardamom) accounting for a significant share of exports. The quetzal has maintained relative stability compared to many Latin American currencies.
Quick Reference Table
| Nicaraguan Cordoba (NIO) | Guatemalan Quetzal (GTQ) |
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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).