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EGO to Nicaraguan Córdoba Converter and calculator

Convert 1EGO (EGO) to Nicaraguan Córdoba (NIO) equals C$ 1.25 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of EGO(EGO) to Nicaraguan Córdoba(NIO). This is the real-time data. The current conversion shows 1 EGO at a value of 1 EGO for 1.25 NIO . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

NIO information

About Nicaraguan Córdoba (NIO)

The Nicaraguan Córdoba (NIO), introduced in 1912, serves not just as Nicaragua's official currency but also as a symbol of the nation's tumultuous history and its ongoing economic journey. It is commonly abbreviated as NIO and represented by the symbol C$. Named after the Spanish conquistador Francisco Hernández de Córdoba, who founded Nicaragua, the Córdoba has been integral to the nation's socio-economic fabric.

Historical Background

The introduction of the Córdoba was a significant step in consolidating Nicaragua's economic independence in the early 20th century. It replaced the peso and marked a new chapter in the nation's monetary history, mirroring its broader quest for national identity and economic self-determination.

Design and Symbolism

The design of the Nicaraguan Córdoba reflects the country's diverse cultural heritage and natural beauty. Banknotes and coins feature images of historical figures, indigenous art, and landmarks of national significance. These designs do more than facilitate transactions; they narrate stories of Nicaragua’s past and present, fostering a sense of national pride and unity.

Economic Role

The Córdoba plays a crucial role in Nicaragua’s economy, which is marked by agriculture, manufacturing, and an emerging service sector, including tourism. As the primary medium of exchange, it supports these sectors, enabling trade and investment and is vital for the everyday economic activities of Nicaraguans.

Monetary Policy and Inflation

Managed by the Central Bank of Nicaragua, the Córdoba has faced challenges including inflation and currency devaluation, especially during periods of political and economic instability. The central bank’s policies aim to stabilize the currency, which is crucial for maintaining economic confidence and promoting sustainable growth.

International Trade and the Nicaraguan Córdoba

In international trade, the stability of the Córdoba is important, especially for Nicaragua's exports like coffee, beef, and gold. A stable exchange rate is essential for maintaining competitive prices in the global market and attracting foreign investment.

Remittances and Economic Impact

Remittances from Nicaraguans living abroad, particularly in the United States and Costa Rica, are a crucial source of foreign income. These remittances, converted into Córdobas, play a substantial role in supporting families and contribute significantly to the national economy.

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Bitget crypto-to-fiat exchange data shows that the most popular EGO currency pair is the EGO to NIO, with for EGO's currency code being EGO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NIO.

EGO to NIO conversion rate trend

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In the past 1D, EGO has changed -2.47% to NIO. Based on the trend and price charts, EGO(EGO) has changed -2.47% to NIO while Nicaraguan Córdoba(NIO) has changed % to EGO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
C$1.25
0.0001% / 0.0004%vip-iconVIP
Bybit
C$1.24
0.1000% / 0.1000%
Yes
KuCoin
C$1.24
0.1000% / 0.1000%
Yes
Last updated 2024/05/18 13:00:23(UTC+0)

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What factors influence the conversion rate of EGO to Nicaraguan Córdoba?

EGO to Nicaraguan Córdoba is falling this week.
EGO's current market price is C$ 1.25 per EGO, with a total market cap of C$ 70,652,710.46 NIO based on a circulating supply of 56,608,820 EGO. The trading volume of EGO has changed by +3.77% (C$ 1,214,132.27 NIO) in the last 24 hours. Last trading day, EGO's trading volume was C$ 32,179,492.99.
Market cap
$1.92M
24h volume
$908.67K
Circulating supply
56.61M EGO

Conversion tables

The exchange rate of EGO is decreasing.
1 EGO is currently valued at C$ 1.25 NIO , which means buying 5 EGO will cost C$ 6.24 NIO . Similarly, C$1 NIO can be traded for 0.8012 EGO, and C$50 NIO can be converted to 40.06 EGO, excluding any platform or gas fees.
The exchange rate of 1 EGO to Nicaraguan Córdoba has changed by -13.97% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.47%, reaching a high of 1.29 NIO and a low of 1.25 NIO . One month ago, the value of 1 EGO was C$ 2.13 NIO , which represents a -41.36% change from its current value. Over the last year, EGO has changed by
+C$
1.25NIO
, resulting in a change of --% in its value.

EGO to NIO

Amount
13:01 today
0.5 EGO
C$0.6240
1 EGO
C$1.25
5 EGO
C$6.24
10 EGO
C$12.48
50 EGO
C$62.4
100 EGO
C$124.81
500 EGO
C$624.04
1000 EGO
C$1,248.09

NIO to EGO

Amount13:01 today
0.5NIO0.4006  EGO
1NIO0.8012  EGO
5NIO4.01  EGO
10NIO8.01  EGO
50NIO40.06  EGO
100NIO80.12  EGO
500NIO400.61  EGO
1000NIO801.23  EGO
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Today vs. 24 hours ago

Amount13:01 today24 hours ago24h change
0.5 EGO$0.01698$0.01741
-2.47%
1 EGO$0.03396$0.03482
-2.47%
5 EGO$0.1698$0.1741
-2.47%
10 EGO$0.3396$0.3482
-2.47%
50 EGO$1.7$1.74
-2.47%
100 EGO$3.4$3.48
-2.47%
500 EGO$16.98$17.41
-2.47%
1000 EGO$33.96$34.82
-2.47%

Today vs. 1 month ago

Amount13:01 today1 month ago1M change
0.5 EGO$0.01698$0.02895
-41.36%
1 EGO$0.03396$0.05790
-41.36%
5 EGO$0.1698$0.2895
-41.36%
10 EGO$0.3396$0.5790
-41.36%
50 EGO$1.7$2.89
-41.36%
100 EGO$3.4$5.79
-41.36%
500 EGO$16.98$28.95
-41.36%
1000 EGO$33.96$57.9
-41.36%
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Today vs. 1 year ago

Amount13:01 today1 year ago1Y change
0.5 EGO$0.01698$0.{4}1193
--
1 EGO$0.03396$0.{4}2386
--
5 EGO$0.1698$0.0001193
--
10 EGO$0.3396$0.0002386
--
50 EGO$1.7$0.001193
--
100 EGO$3.4$0.002386
--
500 EGO$16.98$0.01193
--
1000 EGO$33.96$0.02386
--

EGO price prediction

What will the price of EGO be in 2025?

Based on EGO's historical price performance prediction model, the price of EGO is projected to reach $0.04051 in 2025.

What will the price of EGO be in 2030?

In 2030, the EGO price is expected to rise by -10.00%. By the end of 2030, the EGO price is projected to reach $0.09750, with a cumulative ROI of +187.09%.
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Buy EGO for 1 NIO
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.