Nicaraguan Córdoba to Paraguayan Guarani | Bank

The Nicaraguan Córdoba (NIO) is the official currency of Nicaragua. It was introduced in 1912 and is regulated by the Central Bank of Nicaragua. The currency is named after Francisco Hernández de Córdoba, the founder of Nicaragua.

The Paraguayan Guarani (PYG) is the official currency of Paraguay. Introduced in 1943, it is named after the Guarani people, the main indigenous group of Paraguay. The currency has experienced significant inflation over the years, leading to the circulation of large denominations.