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This law created the monetary unit "córdoba", named after Francisco Hernández de Córdoba, founder of Nicaragua and the cities of León and Granada, but due to the prevailing political instability at that time, the Córdoba did not circulate until 1913. It replaced the peso moneda corriente, the Nicaraguan currency between 1878 and 1912. [1]
It was Nicaragua's first national currency, replacing the Central American Republic real and that of neighbouring states. It was subdivided into 100 centavos and when it was introduced, it was worth 8 reales, and had the same weight and mass as the peso fuerte, but due to recurrent devaluations, it was replaced by the córdoba at a rate of 12 ...
Nicaraguan córdoba; Nicaraguan fifty-cordoba note; Nicaraguan five hundred-cordoba note; Nicaraguan one hundred-cordoba note; Nicaraguan peso; Nicaraguan ten-cordoba note; Nicaraguan twenty-cordoba note
Central Bank of Nicaragua Banco Central de Nicaragua; Headquarters: Managua, Nicaragua: Established: 16 September 1960 (legal) 1 January 1961 (commenced operations) Ownership: 100% state ownership [1] President: Leonardo Ovidio Reyes Ramírez: Central bank of: Nicaragua: Currency: Nicaraguan córdoba NIO Reserves: 2 350 million USD [1] Website ...
Nicaragua inflation rate 1980-1993. Nicaragua's economic history has shifted from concentration in gold, beef, and coffee to a mixed economy under the Sandinista government to an International Monetary Fund policy attempt in 1990. Pre-Columbian Nicaragua had a well-developed agrarian society. European diseases and forced work in gold mines ...
The economy of Nicaragua is focused primarily on the agricultural sector. ... Currency: 1 gold Cordoba (C$) = 100 centavos Exchange rates: ...
The currency of Nicaragua is named the córdoba in his memory. Córdoba was an officer of Pedro Arias Dávila, known also as Pedrarias Dávila. [1]: 43 Hernán Cortés and Hernán Ponce de León supported Córdoba during the conquest of Nicaragua in 1524, [1]: 135 in return for support against Cristóbal de Olid. Dávila considered Córdoba an ...
The local name of the currency is used in this list, with the adjectival form of the country or region. ... Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay ...