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Ferrum Network to Nicaraguan Córdoba Converter and calculator

Convert 1Ferrum Network (FRM) to Nicaraguan Córdoba (NIO) equals C$ 0.4428 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Ferrum Network(FRM) to Nicaraguan Córdoba(NIO). This is the real-time data. The current conversion shows 1 FRM at a value of 1 FRM for 0.44 NIO . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

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

FRM to NIO conversion rate trend

1D7D1M3M1YAll
In the past 1D, Ferrum Network has changed +2.88% to NIO. Based on the trend and price charts, Ferrum Network(FRM) has changed +2.88% to NIO while Nicaraguan Córdoba(NIO) has changed % to FRM in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
C$0.4413
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
C$0.4400
0.1000% / 0.1000%
Yes
KuCoin
C$0.4444
0.1000% / 0.1000%
Yes
Last updated 2024/11/21 16:00:20(UTC+0)

How to buy Ferrum Network

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Ferrum Network (FRM)
Use a variety of payment options to buy Ferrum Network on Bitget. We'll show you how.

Buy FRM (or USDT) for NIO (Nicaraguan Córdoba) offers

Bitget P2P trading does not currently support direct buying of FRM with NIO. However, you can buy USDT in Bitget P2P trading first, and then buy FRM with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell FRM (or USDT) for NIO (Nicaraguan Córdoba) offers

Bitget P2P trading currently does not support direct selling of FRM to NIO. However, you can first exchange FRM for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of Ferrum Network to Nicaraguan Córdoba?

Ferrum Network to Nicaraguan Córdoba is falling this week.
Ferrum Network's current market price is C$ 0.4428 per FRM, with a total market cap of C$ 119,391,855.57 NIO based on a circulating supply of 269,628,350 FRM. The trading volume of Ferrum Network has changed by -17.43% (C$ -2,670,382.27 NIO) in the last 24 hours. Last trading day, FRM's trading volume was C$ 15,323,334.99.
Market cap
$3.25M
24h volume
$343.92K
Circulating supply
269.63M FRM

Conversion tables

The exchange rate of Ferrum Network is decreasing.
1 FRM is currently valued at C$ 0.4428 NIO , which means buying 5 FRM will cost C$ 2.21 NIO . Similarly, C$1 NIO can be traded for 2.26 FRM, and C$50 NIO can be converted to 112.92 FRM, excluding any platform or gas fees.
The exchange rate of 1 FRM to Nicaraguan Córdoba has changed by -8.46% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.88%, reaching a high of 0.4443 NIO and a low of 0.4265 NIO . One month ago, the value of 1 FRM was C$ 0.5791 NIO , which represents a -23.61% change from its current value. Over the last year, Ferrum Network has changed by
-C$
2.67NIO
, resulting in a change of -85.83% in its value.

FRM to NIO

Amount
21:58 today
0.5 FRM
C$0.2214
1 FRM
C$0.4428
5 FRM
C$2.21
10 FRM
C$4.43
50 FRM
C$22.14
100 FRM
C$44.28
500 FRM
C$221.4
1000 FRM
C$442.8

NIO to FRM

Amount21:58 today
0.5NIO1.13  FRM
1NIO2.26  FRM
5NIO11.29  FRM
10NIO22.58  FRM
50NIO112.92  FRM
100NIO225.83  FRM
500NIO1,129.17  FRM
1000NIO2,258.35  FRM

Today vs. 24 hours ago

Amount21:58 today24 hours ago24h change
0.5 FRM$0.006018$0.005850
+2.88%
1 FRM$0.01204$0.01170
+2.88%
5 FRM$0.06018$0.05850
+2.88%
10 FRM$0.1204$0.1170
+2.88%
50 FRM$0.6018$0.5850
+2.88%
100 FRM$1.2$1.17
+2.88%
500 FRM$6.02$5.85
+2.88%
1000 FRM$12.04$11.7
+2.88%

Today vs. 1 month ago

Amount21:58 today1 month ago1M change
0.5 FRM$0.006018$0.007870
-23.61%
1 FRM$0.01204$0.01574
-23.61%
5 FRM$0.06018$0.07870
-23.61%
10 FRM$0.1204$0.1574
-23.61%
50 FRM$0.6018$0.7870
-23.61%
100 FRM$1.2$1.57
-23.61%
500 FRM$6.02$7.87
-23.61%
1000 FRM$12.04$15.74
-23.61%

Today vs. 1 year ago

Amount21:58 today1 year ago1Y change
0.5 FRM$0.006018$0.04230
-85.83%
1 FRM$0.01204$0.08460
-85.83%
5 FRM$0.06018$0.4230
-85.83%
10 FRM$0.1204$0.8460
-85.83%
50 FRM$0.6018$4.23
-85.83%
100 FRM$1.2$8.46
-85.83%
500 FRM$6.02$42.3
-85.83%
1000 FRM$12.04$84.6
-85.83%

Ferrum Network price prediction

What will the price of FRM be in 2025?

Based on FRM's historical price performance prediction model, the price of FRM is projected to reach $0.01950 in 2025.

What will the price of FRM be in 2030?

In 2030, the FRM price is expected to change by -13.00%. By the end of 2030, the FRM price is projected to reach $0.01800, with a cumulative ROI of +44.45%.

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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Ferrum Network and NIO.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Ferrum Network and NIO. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of Ferrum Network in NIO, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.