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Latin America Remittances Up 21.6% (World Bank)
World Bank; "Latin America and the Caribbean remittances are showing a 21.6% increase." (Nicaragua is up 16% Year to Date)
Nicaragua
Last time we checked in,...
Remittances to Nicaragua up almost 18% in Q1 of 2021
Remittances to Nicaragua (money sent home by those living and working abroad) totaled US $500.4 million in the first three months of this year,...
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...
Nicaragua’s Economic Growth – Could be above 4%
Speaking at a meeting of the Production, Trade and Consumption System (Sistema de Producción, Comercio y Consumo), Iván Acosta, the Minister of Finance and...
Tax Increase on Alcohol and Tobacco January 1st 2023
If cutting down or quitting drinking and smoking don’t feature on your list of “News Year’s Resolutions”, then the Minister of Finance and Public...
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...
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...
2021 Remittances to Nicaragua – First Half up by almost 20%
Nicaraguan families received a total of US $1.030 Billion that was sent back to Nicaragua in the first half of 2021, according to 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...
Córdoba to US Dollar “Slip Rate” 1% as of Feb. 1,...
The Board of Directors of the Central Bank of Nicaragua (Banco Central de Nicaragua or BCN) has announced that the sliding exchange rate (aka;...
