Convert Nicaraguan Cordoba to Rwandan Franc
Convert Nicaraguan Cordoba (NIO) to Rwandan Franc (RWF) 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 Rwandan Franc
The Rwandan Franc (RWF) is the official currency of Rwanda, a small but remarkable East African nation that has rebuilt itself after the devastating genocide of 1994 into one of Africa's fastest growing economies and a regional leader in good governance, technology, and financial services. The National Bank of Rwanda manages monetary policy. Rwanda's economic model, driven by President Kagame's government, has pursued ambitious development plans focusing on tourism (gorilla trekking), financial services, ICT, and manufacturing. The country has consistently achieved high GDP growth rates.
Quick Reference Table
| Nicaraguan Cordoba (NIO) | Rwandan Franc (RWF) |
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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).