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base info Tether USDt

Tether USDt to Nicaraguan Córdoba Converter and calculator

Convert 1Tether USDt (USDT) to Nicaraguan Córdoba (NIO) equals C$ 36.75 | 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 Tether USDt currency pair is the USDT to NIO, with for Tether USDt's currency code being USDT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NIO.

USDT to NIO conversion rate trend

1D7D1M3M1YAll
In the past 1D, Tether USDt has changed +0.03% to NIO. Based on the trend and price charts, Tether USDt(USDT) has changed +0.03% to NIO while Nicaraguan Córdoba(NIO) has changed % to USDT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
C$36.75
0.0001% / 0.0004%vip-iconVIP
Last updated 2024/04/15 05:29:35(UTC+0)

What factors influence the conversion rate of Tether USDt to Nicaraguan Córdoba?

Tether USDt to Nicaraguan Córdoba is rising this week.
Tether USDt's current market price is C$ 36.75 per USDT, with a total market cap of C$ 3,959,081,936,971.89 NIO based on a circulating supply of 107,728,050,000 USDT. The trading volume of Tether USDt has changed by -32.69% (C$ -1,525,151,490,366.22 NIO) in the last 24 hours. Last trading day, USDT's trading volume was C$ 4,665,270,254,029.24.
Market cap
$107.80B
24h volume
$85.50B
Circulating supply
107.73B USDT

Conversion tables

The exchange rate of Tether USDt is increasing.
1 USDT is currently valued at C$ 36.75 NIO , which means buying 5 USDT will cost C$ 183.75 NIO . Similarly, C$1 NIO can be traded for 0.02721 USDT, and C$50 NIO can be converted to 1.36 USDT, excluding any platform or gas fees.
The exchange rate of 1 USDT to Nicaraguan Córdoba has changed by +0.07% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.03%, reaching a high of 36.79 NIO and a low of 36.71 NIO . One month ago, the value of 1 USDT was C$ 36.72 NIO , which represents a +0.08% change from its current value. Over the last year, Tether USDt has changed by
-C$
0.008815NIO
, resulting in a change of -0.02% in its value.

USDT to NIO

Amount
05:29 am today
0.5 USDT
C$18.38
1 USDT
C$36.75
5 USDT
C$183.75
10 USDT
C$367.51
50 USDT
C$1,837.54
100 USDT
C$3,675.07
500 USDT
C$18,375.35
1000 USDT
C$36,750.71

NIO to USDT

Amount05:29 am today
0.5NIO0.01361  USDT
1NIO0.02721  USDT
5NIO0.1361  USDT
10NIO0.2721  USDT
50NIO1.36  USDT
100NIO2.72  USDT
500NIO13.61  USDT
1000NIO27.21  USDT
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Today vs. 24 hours ago

Amount05:29 am today24 hours ago24h change
0.5 USDT$0.5003$0.5002
+0.03%
1 USDT$1$1
+0.03%
5 USDT$5$5
+0.03%
10 USDT$10.01$10
+0.03%
50 USDT$50.03$50.02
+0.03%
100 USDT$100.07$100.03
+0.03%
500 USDT$500.33$500.17
+0.03%
1000 USDT$1,000.66$1,000.33
+0.03%

Today vs. 1 month ago

Amount05:29 am today1 month ago1M change
0.5 USDT$0.5003$0.4999
+0.08%
1 USDT$1$0.9998
+0.08%
5 USDT$5$5
+0.08%
10 USDT$10.01$10
+0.08%
50 USDT$50.03$49.99
+0.08%
100 USDT$100.07$99.98
+0.08%
500 USDT$500.33$499.92
+0.08%
1000 USDT$1,000.66$999.84
+0.08%

Today vs. 1 year ago

Amount05:29 am today1 year ago1Y change
0.5 USDT$0.5003$0.5005
-0.02%
1 USDT$1$1
-0.02%
5 USDT$5$5
-0.02%
10 USDT$10.01$10.01
-0.02%
50 USDT$50.03$50.05
-0.02%
100 USDT$100.07$100.09
-0.02%
500 USDT$500.33$500.45
-0.02%
1000 USDT$1,000.66$1,000.9
-0.02%

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.