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Currency.Wiki
Updated 2 minutes ago
 MXN =
    NIO
 Mexican Peso =  Nicaraguan Córdobas
Trending: MX$ exchange rates for the last 24 hours
  • MXN/USD 0.048705 -0.00178462
  • MXN/EUR 0.046767 -0.00000180
  • MXN/JPY 7.443714 -0.29017206
  • MXN/GBP 0.038859 -0.00002997
  • MXN/CHF 0.043950 -0.00011641
  • MXN/INR 4.257329 0.00071543
  • MXN/BRL 0.280576 -0.00683640
  • MXN/CNY 0.354217 -0.00643556

MXN/NIO exchange rate analysis over the past 90 days

Mexican Peso to Nicaraguan Córdoba exchange rate: Over the last 90 days, the Mexican Peso weakened by -4.13% against the Nicaraguan Córdoba, declining from C$1.8573 to C$1.7837 per Mexican Peso. This trend reflects the evolving economic dynamics between the Mexico and the Nicaragua. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Mexico and Nicaragua.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Mexico and Nicaragua.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Mexico or Nicaragua.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Mexico relative to the Nicaragua.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

MX$

Mexican Peso Currency

Country: Mexico

Symbol: MX$

ISO Code: MXN

Bank: Bank of Mexico

Interesting fact about Mexican Peso

The Mexican Peso (MXN) is the official currency of Mexico. It has a rich history dating back to the colonial era. The peso has played a significant role in Mexico's economy, serving as a symbol of national identity and reflecting the country's economic ups and downs. Today, it is widely accepted and used for daily transactions and international trade.

C$

Nicaraguan Córdoba Currency

Country: Nicaragua

Symbol: C$

ISO Code: NIO

Bank: Central Bank of Nicaragua

Interesting fact about Nicaraguan Córdoba

The Nicaraguan Córdoba (NIO) is the currency of Nicaragua. It was introduced in 1912 to replace the peso. The currency is named after Francisco Hernández de Córdoba, a Spanish conquistador who founded the first European settlement in Nicaragua. The Nicaraguan Córdoba is an important symbol of national pride and plays a crucial role in the country's economy.

Quick Conversion Guide

Frequently Asked Questions

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The Mexican Peso to Nicaraguan Córdoba exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 MXN to NIO is C$1.78.
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Yes, our site provides historical charts that show the trends and fluctuations in the Mexican Peso to Nicaraguan Córdoba exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.