Date Wizard Logo

Want to calculate dates? Try Date Wizard!

Currency.Wiki
Updated 1 minute ago
 NIO =
    PHP
 Nicaraguan Córdoba =  Philippine Pesos
Trending: C$ exchange rates for the last 24 hours
  • NIO/USD 0.026990 -0.00020616
  • NIO/EUR 0.026123 0.00050672
  • NIO/JPY 4.106423 -0.09971446
  • NIO/GBP 0.021739 0.00038674
  • NIO/CHF 0.024555 0.00056248
  • NIO/MXN 0.556392 -0.00378514
  • NIO/INR 2.360612 0.06538333
  • NIO/BRL 0.158120 0.00174784
  • NIO/CNY 0.197178 0.00047921

NIO/PHP exchange rate analysis over the past 90 days

Nicaraguan Córdoba to Philippine Peso exchange rate: Over the last 90 days, the Nicaraguan Córdoba weakened by -1.95% against the Philippine Peso, declining from ₱1.5994 to ₱1.5688 per Nicaraguan Córdoba. This trend reflects the evolving economic dynamics between the Nicaragua and the Philippines. Factors contributing to this weakening may include:

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

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.

Philippine Peso Currency

Country: Philippines

Symbol:

ISO Code: PHP

Bank: Bangko Sentral ng Pilipinas

Interesting fact about Philippine Peso

The Philippine Peso (PHP) is the official currency of the Philippines. It has a rich history dating back to Spanish colonial rule and has evolved to become an essential part of the country's economy. The PHP is significant in the Philippines as it facilitates trade, investment, and daily transactions, contributing to the growth and development of the nation's economy.

Quick Conversion Guide

Frequently Asked Questions

+
The Nicaraguan Córdoba to Philippine Peso exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
+
Today conversion rate from 1 NIO to PHP is ₱1.57.
+
Yes, our site provides historical charts that show the trends and fluctuations in the Nicaraguan Córdoba to Philippine Peso exchange rate over different time periods.
+
While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
+
The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.