Currency of Nicaragua: Nicaraguan Córdoba
Nicaraguan Córdoba · NIO · National
Who Issues Nicaraguan Córdoba in Nicaragua
Nicaragua uses the Nicaraguan Córdoba (NIO) as its own national currency, with Central Bank of Nicaragua responsible for the domestic monetary framework. ISO 4217 records the currency under numeric code 558.
Central Bank of Nicaragua issues or manages the Nicaraguan Córdoba within Nicaragua's own monetary framework. That makes NIO a national currency rather than a unit administered by a regional monetary union.
Exchange Rate for NIO
Exchange rates for the Nicaraguan Córdoba change with the quoted pair and date. For Nicaragua, use the dated reference as a benchmark rather than assuming it is the exact rate a bank, card or cash desk will apply.
On a Nicaraguan Córdoba conversion involving Nicaragua, keep the quoted pair and observation time consistent when comparing rates. Actual conversion costs depend on the provider's spread, fees and timing. This separation keeps the comparison anchored to a dated observation.
Banknotes and Coins
Banknotes
Banco Central de Nicaragua states that seven banknote denominations currently circulate: C$10, C$20, C$50, C$100, C$200, C$500 and C$1,000. The current family is fully polymer after the 2019 C$500 and C$1,000 issues.
Coins
Seven current coin denominations circulate: 5, 10, 25 and 50 centavos, plus C$1, C$5 and C$10.
Frequently Asked Questions
What currency is used in Nicaragua?
The Nicaraguan Córdoba (NIO) is the national currency of Nicaragua. Central Bank of Nicaragua is responsible for the domestic monetary framework.
Who manages the currency system in Nicaragua?
Central Bank of Nicaragua is the main monetary authority identified for Nicaragua.
Are the exchange rates for Nicaragua real-time?
For the monetary setup used in Nicaragua, where the pair is supported, the displayed conversion comes from the latest available reference observation and is date-stamped. It should not be read as a live executable quote.
Sources & methodology
For monetary-system facts, the primary reference is Central Bank of Nicaragua, supplemented by the applicable framework for Nicaragua. ISO 4217 is used for the NIO identifier; exchange-arrangement facts and dated rate observations are treated as different data layers. This separation keeps the monetary framework distinct from the conversion quote.
View sources used for this page
- Central Bank of Nicaragua - official website
- SIX - ISO 4217 Maintenance Agency
- IMF - Annual Report on Exchange Arrangements and Exchange Restrictions
- BIS - central bank directory and institutional cross-check
- Frankfurter - latest public reference-rate feed used by the converter
- Banco Central de Nicaragua - current banknotes
- Banco Central de Nicaragua - current coins