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Currency.Wiki
Updated 4 minutes ago
 NIO =
    MXN
 Nicaraguan Córdoba =  Mexican Pesos
Trending: C$ exchange rates for the last 24 hours
  • NIO/USD 0.026990 -0.00020616
  • NIO/EUR 0.026118 0.00050148
  • NIO/JPY 4.108987 -0.09715042
  • NIO/GBP 0.021735 0.00038215
  • NIO/CHF 0.024559 0.00056653
  • NIO/MXN 0.554920 -0.00525653
  • NIO/INR 2.360442 0.06521314
  • NIO/BRL 0.157726 0.00135382
  • NIO/CNY 0.197191 0.00049270

NIO/MXN exchange rate analysis over the past 90 days

Nicaraguan Córdoba to Mexican Peso exchange rate: Over the last 90 days, the Nicaraguan Córdoba weakened by -0.95% against the Mexican Peso, declining from MX$0.5602 to MX$0.5549 per Nicaraguan Córdoba. This trend reflects the evolving economic dynamics between the Nicaragua and the Mexico. Factors contributing to this weakening may include:

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

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

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.

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.

Quick Conversion Guide

Frequently Asked Questions

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The Nicaraguan Córdoba to Mexican Peso 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 NIO to MXN is MX$0.55.
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Yes, our site provides historical charts that show the trends and fluctuations in the Nicaraguan Córdoba to Mexican Peso 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.