Currency in Nicaragua, Economy

Whenever you travel to other countries, whether for business or for pleasure, you will inevitably need to find out what sort of currency is being used in that country. Not only will you need to determine where the various exchange points are and what sort of travel currency – such as travelers checks and credit cards – are available, but you will also need to get an idea of how much that currency is worth against your own currency. Doing this helps you to get an idea of how much of your money you will be spending while away. If the currency of the country you are visiting has considerably lower value than that of your own, you may find yourself able to spend your money relatively freely since items will usually cost you less. However, if the opposite is true, you will have to spend cautiously.

The currency in Nicaragua is the Gold Cordoba (NIO)

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