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Nicaraguan Cordoba (NIO) Definition
Finance

Nicaraguan Cordoba (NIO) Definition

What Is the Nicaraguan Cordoba (NIO)? The Nicaraguan córdoba (NIO) is the national currency of Nicaragua, the largest country in Central America. It is sometimes referred to as the córdoba oro. The córdoba is named after Spanish colonizer Francisco Hernández de Córdoba, founder of the cities of León and Granada. The NIO is made up

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Oman Rial (OMR) Definition
Finance

Oman Rial (OMR) Definition

What Is the Oman Rial (OMR)? OMR is the currency code for the Omani rial. The OMR is the national currency of the Sultanate of Oman, located on the southeastern coast of the Arabian Peninsula. The Omani rial is made up of 1,000 baisa. The Central Bank of Oman pegs the value of the Omani rial

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Panamanian Balboa (PAB) Definition
Finance

Panamanian Balboa (PAB) Definition

What Is the Panamanian Balboa (PAB)? The Panamanian balboa (PAB) is the national currency of the Republic of Panama, which circulates alongside the U.S. dollar (USD), to which the PAB is pegged at par (1:1). Balboas are issued only in coin form and are subdivided into 100 centésimos. The money’s name honors Vasco Núñez de Balboa

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PGK (Papua New Guinea Kina) Defined
Finance

PGK (Papua New Guinea Kina) Defined

What Is the PGK (Papua New Guinea Kina)? The Papua New Guinea kina is the national currency of Papua New Guinea. Users of the currency affix monetary values with the symbol “K”, as in 1,000K. It is referred to with the code PGK on foreign exchange markets. The kina was introduced in 1975 and is

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Pakistani Rupee (PKR): Definition, History, International cash Values
Finance

Pakistani Rupee (PKR): Definition, History, International cash Values

What Is the Pakistani Rupee (PKR)? The Pakistani rupee, abbreviated PKR, is the national currency of Pakistan. The Pakistani rupee is made up of 100 paise and is represented locally by the symbol Rp or Rs. The PKR is often referred to as rupees, rupaya, or rupaye. The word Rupee originates from the Sanskrit word

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Paraguay Guarani (PYG) Definition
Finance

Paraguay Guarani (PYG) Definition

What Is the Paraguay Guarani (PYG)? The Paraguay guarani (PYG) is the national currency of the Republic of Paraguay. The guarani is abbreviated as PYG in the foreign exchange (forex) market and is represented by the symbol ₲. Banknotes in circulation range in value from ₲1,000 to ₲100,000 while coins are minted from ₲50 to

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Russian Ruble (RUB) Definition
Finance

Russian Ruble (RUB) Definition

What Is the Russian Ruble (RUB)? The Russian ruble is the national currency of the Russian Federation. The ruble is the second-oldest currency still in circulation, behind the British pound. It is made up of 100 kopeks. Key Takeaways The ruble is the currency of the Russian Federation.The ruble has been used since the 13th

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Definition, History, Business Value to Dollar
Finance

Definition, History, Business Value to Dollar

What Is the Saudi Riyal (SAR)? The SAR is the currency abbreviation for the Saudi Riyal, which is the official currency of Saudi Arabia. The Saudi Riyal is made up of 100 halala, and is often presented with the symbol SR. The Saudi riyal is pegged to the U.S. Dollar at an exchange rate of 3.75 SR.

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Sierra Leonean Leone (SLL) Definition
Finance

Sierra Leonean Leone (SLL) Definition

What Is the Sierra Leonean Leone (SLL)? The Sierra Leonean Leone (SLL) is the national currency of Sierra Leone. It is issued by the nation’s central bank, Bank of Sierra Leone. As of December 2020, one U.S. dollar bought 10,000 leone. The leone is often represented with the symbol “Le” before the numeral. For instance

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São Tomé and Principe Dobra (STD)
Finance

São Tomé and Principe Dobra (STD)

What Is the São Tomé and Principe Dobra (STD)? The São Tomé and Príncipe dobra (STD) is the official currency of São Tomé and Príncipe, which is an island close to the equator just off the west coast of Central Africa. The dobra is abbreviated with the currency symbol STD in the foreign exchange market

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