CFP Franc in Nicaraguan Cordoba

XPF CFP Franc

Country of application:
French Polynesia, New Caledonia, Wallis and Futuna.

Coin denominations in circulation:
1, 2, 5, 10, 20, 50, 100 francs.

Denominations of banknotes in circulation:
00, 1000, 5000, 10,000 francs.

History reference:
The French Pacific franc is the currency used in Frances overseas possessions: New Caledonia, French Polynesia, Wallis and Futuna. The international currency code is XPF, introduced in 1945. At the s...ame time, the peg was carried out not to the French (due to the instability of this currency) franc, but to the US dollar. The issue of currency is carried out by the Issuing Institute of Overseas Territories of France. When it was introduced in December 1945 (the CFA franc was introduced at the same time), the abbreviation CFP consisted of the initial letters of the French words Colonies françaises du Pacifique (Pacific French colonies). Since 1967, the monetary unit has been called the "franc of the French offices in the Pacific" (from Comptoirs françaises du Pacifique - French offices in the Pacific). Now the abbreviation CFP (CFP) officially stands for Change Franc Pacifique (Pacific Exchange Franc).

NIO Nicaraguan Cordoba

Country of application:
Nicaragua

Coin denominations in circulation:
5, 10, 25, 50 centavos, 1.5 Canadian dollars.

Denominations of banknotes in circulation:
5, 10, 20, 50, 100, 200, 500, 1000 Canadian dollars.

History reference:
The Nicaraguan Cordoba is the currency of Nicaragua. It was first issued on March 20, 1912 and suffered from chronic and severe inflation. Initially, the Central Bank of the country issued coins in d...enominations of 1/2, 1, 5, 10, 25 centavos and 1 cordoba, as well as paper banknotes in denominations of 1, 2, 5, 10, 20, 50 and 100 cordoba. One cordoba was equal to 100 centavos. Nicaragua is one of the poorest countries in the Western Hemisphere, whose exports largely depend on agriculture and the extraction of raw materials. The author first learned about the distant Latin American country of Nicaragua as a boy in the 1980s. And it was not in geography lessons at school, but from the TV news program "Vremya". The serious announcer often talked about the battles in the Nicaraguan jungle that the Contras fought against the Sandinistas, about the fiery revolutionary Daniel Ortega and the freedom fighter of the Nicaraguan people Augusto Sandino. And then, quite by accident, a small Nicaraguan coin with the image of a large wide-brimmed hat fell into the hands of the author.