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Nicaragua is Regulating Virtual Assets – Such as Bitcoins
In order to comply with the Financial Action Task Force (FATF) and various international credit rating agencies, Nicaragua is regulating virtual assets with new...
May 2021 Remittances to Nicaragua – Up 17.5 Percent
A press release from the Central Bank of Nicaragua (BCN) published on Friday the 9th of July, 2021 contains the monthly data on May...
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...
Remittances for January 2022 – Nicaragua and the Region
Remittances for January 2022 continue to show an increase when January 2022 figures are compared to the same month in 2021. Remittances or “Remesas”...
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,...
US Dollar to Cordoba Exchange Rate Fixed at 36.6243 for 2026
The Central Bank of Nicaragua (Banco Central de Nicaragua or BCN by its acronym) has announced they will maintain the 0% “Slip Rate” for...
Ten and Twenty Córdoba Banknotes Receive Facelift
The Central Bank of Nicaragua (BCN by its acronym in Spanish) has announced that it will be introducing new style 10 and 20 Córdoba...
Canasta Básica in Nicaragua – Basic (Food) Basket
The Canasta Básica in Nicaragua or Basic (Food) Basket often comes up when reading anything about the cost of living or minimum wage.
The basic...
Over US $2 billion in Remittances Received in Nicaragua 2021
Concluding our reporting on Remittances Received in Nicaragua (Remesas) for 2021, the Central Bank of Nicaragua (BCN) has now reported that Nicaragua did indeed...
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...
