Nicaraguan Córdoba to CFA Franc BCEAO | 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 CFA Franc BCEAO (XOF) is the official currency of eight West African countries: Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo. It is issued by the Central Bank of West African States (BCEAO) and is pegged to the Euro at a fixed rate.