Convert Nicaraguan Cordoba to Cambodian Riel
Convert Nicaraguan Cordoba (NIO) to Cambodian Riel (KHR) 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 Cambodian Riel
The Cambodian Riel (KHR) is the official currency of Cambodia but exists in an unusual dual-currency environment where the US Dollar is widely used alongside the riel for most large transactions. The riel was reintroduced in 1980 after the Khmer Rouge abolished currency entirely between 1975 and 1979 - one of only two instances in modern history where a national currency was completely abolished. The National Bank of Cambodia manages monetary policy. Cambodia's economy has grown rapidly, fuelled by garment exports, tourism, and construction.
Quick Reference Table
| Nicaraguan Cordoba (NIO) | Cambodian Riel (KHR) |
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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).