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Maker to Nicaraguan Córdoba Converter and calculator

Convert 1Maker (MKR) to Nicaraguan Córdoba (NIO) equals C$ 108,117.37 | Bitget

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 Maker currency pair is the MKR to NIO, with for Maker's currency code being MKR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NIO.

MKR to NIO conversion rate trend

1D7D1M3M1YAll
In the past 1D, Maker has changed -7.85% to NIO. Based on the trend and price charts, Maker(MKR) has changed -7.85% to NIO while Nicaraguan Córdoba(NIO) has changed % to MKR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
C$108,917.02
0.0001% / 0.0004%vip-iconVIP
Binance
C$108,994.43
0.1000% / 0.1000%
Yes
OKX
C$108,950.2
0.080% / 0.100%
Yes
Huobi
C$108,919.6
0.1000% / 0.1000%
Yes
Gate.io
C$108,959.04
0.1000% / 0.1000%
Yes
Bybit
C$108,917.02
0.1000% / 0.1000%
Yes
KuCoin
C$109,060.04
0.1000% / 0.1000%
Yes
Bitfinex
C$109,027.6
0.1000% / 0.1000%
Yes
Last updated 2024/04/19 05:00:36(UTC+0)

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

Maker to Nicaraguan Córdoba is falling this week.
Maker's current market price is C$ 108,117.37 per MKR, with a total market cap of C$ 99,977,997,675.49 NIO based on a circulating supply of 924,717.25 MKR. The trading volume of Maker has changed by +3.76% (C$ 174,009,312.82 NIO) in the last 24 hours. Last trading day, MKR's trading volume was C$ 4,626,184,740.26.
Market cap
$2.71B
24h volume
$130.23M
Circulating supply
924.72K MKR

Conversion tables

The exchange rate of Maker is increasing.
1 MKR is currently valued at C$ 108,117.37 NIO , which means buying 5 MKR will cost C$ 540,586.86 NIO . Similarly, C$1 NIO can be traded for 0.{5}9249 MKR, and C$50 NIO can be converted to 0.0004625 MKR, excluding any platform or gas fees.
The exchange rate of 1 MKR to Nicaraguan Córdoba has changed by -12.97% in the last 7 days. In the last 24 hours, the rate has fluctuated by -7.85%, reaching a high of 118,040.51 NIO and a low of 104,839.44 NIO . One month ago, the value of 1 MKR was C$ 102,376.85 NIO , which represents a +5.61% change from its current value. Over the last year, Maker has changed by
+C$
8,247.56NIO
, resulting in a change of +310.31% in its value.

MKR to NIO

Amount
05:58 am today
0.5 MKR
C$54,058.69
1 MKR
C$108,117.37
5 MKR
C$540,586.86
10 MKR
C$1,081,173.72
50 MKR
C$5,405,868.59
100 MKR
C$10,811,737.18
500 MKR
C$54,058,685.89
1000 MKR
C$108,117,371.77

NIO to MKR

Amount05:58 am today
0.5NIO0.{5}4625  MKR
1NIO0.{5}9249  MKR
5NIO0.{4}4625  MKR
10NIO0.{4}9249  MKR
50NIO0.0004625  MKR
100NIO0.0009249  MKR
500NIO0.004625  MKR
1000NIO0.009249  MKR
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Today vs. 24 hours ago

Amount05:58 am today24 hours ago24h change
0.5 MKR$1,466.6$1,591.44
-7.85%
1 MKR$2,933.21$3,182.88
-7.85%
5 MKR$14,666.03$15,914.42
-7.85%
10 MKR$29,332.06$31,828.85
-7.85%
50 MKR$146,660.28$159,144.23
-7.85%
100 MKR$293,320.56$318,288.45
-7.85%
500 MKR$1,466,602.8$1,591,442.25
-7.85%
1000 MKR$2,933,205.6$3,182,884.5
-7.85%

Today vs. 1 month ago

Amount05:58 am today1 month ago1M change
0.5 MKR$1,466.6$1,388.73
+5.61%
1 MKR$2,933.21$2,777.47
+5.61%
5 MKR$14,666.03$13,887.33
+5.61%
10 MKR$29,332.06$27,774.66
+5.61%
50 MKR$146,660.28$138,873.32
+5.61%
100 MKR$293,320.56$277,746.63
+5.61%
500 MKR$1,466,602.8$1,388,733.15
+5.61%
1000 MKR$2,933,205.6$2,777,466.3
+5.61%

Today vs. 1 year ago

Amount05:58 am today1 year ago1Y change
0.5 MKR$1,466.6$354.73
+310.31%
1 MKR$2,933.21$709.45
+310.31%
5 MKR$14,666.03$3,547.25
+310.31%
10 MKR$29,332.06$7,094.51
+310.31%
50 MKR$146,660.28$35,472.53
+310.31%
100 MKR$293,320.56$70,945.07
+310.31%
500 MKR$1,466,602.8$354,725.35
+310.31%
1000 MKR$2,933,205.6$709,450.7
+310.31%

FAQ

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.