Convert Nicaraguan Cordoba to Uruguayan Peso
Convert Nicaraguan Cordoba (NIO) to Uruguayan Peso (UYU) 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 Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, one of Latin America's most stable, prosperous, and democratic nations. The current peso was introduced in 1993, replacing the nuevo peso at a rate of 1,000 to 1 following a period of inflation. The Banco Central del Uruguay manages monetary policy with a floating exchange rate. Uruguay has a well-developed economy with high per capita income relative to regional peers, driven by agriculture (soybeans, beef, dairy, rice, wool), financial services, software exports, and tourism.
Quick Reference Table
| Nicaraguan Cordoba (NIO) | Uruguayan Peso (UYU) |
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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).