Exchange Rates 🇳🇮 Nicaragua Cordoba to Dollars

How does an exchange rate work? Why do official sources and market sources like xe.com show a single rate, yet on the street you expect to see different rates, and multiple rates? And why aren't all rates the same? And what IS the current rate here in Nicaragua?

Completely by coincidence, the show one year ago today was about currency too!

#nicaragua #exchangerate #exchange

22 Feb 2024

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