Nicaragua Tourism Income Up by 24% in 2023
Good news from the Central Bank of Nicaragua in their “Report on Tourism Income in 2023” which states that more than 1.2 million visitors...
Minimum Wage Review 2024 – Update
At the fourth meeting of the Minimum Wage Commission last week in the nation’s capital of Managua, seven proposals were being discussed from various...
Record Remittances Flowed Into Nicaragua in 2023
The Central Bank of Nicaragua (El Banco Central de Nicaragua or BCN) has now released the final figures for 2023 in relation to the...
US $ to Córdoba Official Exchange Rate Fixed for 2024
As announced this last August by the Central Bank of Nicaragua (BCN), the sliding rate of the Nicaraguan Córdoba (NIO) against the US Dollar...
Latest YTD Results show US $3.4 Billion in Remittances
Latest YTD Results show remittances to Nicaragua for 2023 (January to September inclusive) were US $3,433.5 million which is 52% higher than the same...
Nicaraguan Córdoba to US Dollar Slip Rate will be 0% in 2024
The Central Bank of Nicaragua (BCN) has announced that as of January 2024, the sliding rate or “crawling peg” exchange rate on of the...
Remittances – USA Continues as Top Contributor
The February 2023 "Remittances from Abroad" numbers are in from the Central Bank of Nicaragua (Banco Central de Nicaragua - BCN) and they show...
Nicaraguan Bank Accounts Switch to IBAN Format
Anyone with a Nicaraguan bank account (saving or checking) may have noticed a change in the way their accounts numbers are displayed.
On the 25th...
Córdoba to US Dollar “Slip Rate” 1% as of Feb. 1, 2023
The Board of Directors of the Central Bank of Nicaragua (Banco Central de Nicaragua or BCN) has announced that the sliding exchange rate (aka;...
Nicaraguan Córdoba Oro turns 36 this Sunday!
No, it’s not a birthday but the Nicaraguan Córdoba Oro (NIO) to US Dollar official exchange rate passes the 36 Córdobas to the US...
