Convert Ugandan Shilling to Nicaraguan Cordoba
Convert Ugandan Shilling (UGX) to Nicaraguan Cordoba (NIO) using daily updated exchange rates.
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Exchange Rate
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About Ugandan Shilling
The Ugandan Shilling (UGX) has been the official currency of Uganda since 1987 - a reissued version replacing the old shilling following monetary reform. The Bank of Uganda manages monetary policy with a floating exchange rate and inflation-targeting framework. Uganda is an East African nation with a growing economy based on coffee (one of the world's top producers of the robusta variety), fisheries, tourism (mountain gorillas in Bwindi Impenetrable Forest), minerals, and oil reserves discovered in the Albertine Rift.
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
| Ugandan Shilling (UGX) | 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).