Convert Paraguayan Guarani to Nicaraguan Cordoba
Convert Paraguayan Guarani (PYG) to Nicaraguan Cordoba (NIO) using daily updated exchange rates.
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Exchange Rate
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About Paraguayan Guarani
The Paraguayan Guarani (PYG) is the official currency of Paraguay, named after the indigenous Guarani people who constitute a significant portion of the Paraguayan population and whose language is co-official with Spanish. Introduced in 1944, the guarani replaced the peso boliviano. The Banco Central del Paraguay manages monetary policy.
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.
Quick Reference Table
| Paraguayan Guarani (PYG) | Nicaraguan Cordoba (NIO) |
|---|---|
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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).