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COVAL to NIO Converter and calculator

COVAL/NIO: 1 COVAL = 0.02660 NIO. The price of converting 1 Circuits of Value (COVAL) to Nicaraguan Córdoba (NIO) is 0.02660 NIO today.
COVAL
COVAL
NIO
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides COVAL to NIO real-time exchange rates, making it easy to convert Circuits of Value (COVAL) to Nicaraguan Córdoba (NIO). The conversion result is based on real-time data. The conversion result shows that 1 COVAL is currently valued at 0.03 NIO. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 COVAL is currently valued at 0.03 NIO, which means buying 5 COVAL would cost 0.13 NIO. Similarly, C$1 NIO can be converted to 37.59 COVAL, and C$50 NIO can be converted to 187.97 COVAL, excluding any platform or gas fees.

Convert COVAL to NIO

Convert NIO to COVAL

Circuits of Value
Nicaraguan Córdoba
In the table above, you'll find a comprehensive COVAL to NIO converter that shows the value of Circuits of Value in Nicaraguan Córdoba across commonly used conversion amounts. The list covers conversions from 1 COVAL to NIO, all the way up to 10000 COVAL, providing a clear view of their respective values.
Nicaraguan Córdoba
Circuits of Value
500 NIO
18,796.65 COVAL
1000 NIO
37,593.31 COVAL
2000 NIO
75,186.62 COVAL
5000 NIO
187,966.55 COVAL
10000 NIO
375,933.09 COVAL
50000 NIO
1,879,665.46 COVAL
100000 NIO
3,759,330.92 COVAL
In the table above, you'll find a comprehensive NIO to COVAL converter that shows the value of Nicaraguan Córdoba in Circuits of Value across commonly used conversion amounts. The list covers conversions from 1 NIO to COVAL, all the way up to 100000 NIO, providing a clear view of their respective values.

COVAL to NIO chart

COVAL/NIO: 1 COVAL = 0.02660 NIO; 2025/05/01 01:14:35
In the past 1D, Circuits of Value has changed -7.52% to NIO. Based on the trend and price charts, Circuits of Value(COVAL) has changed -7.52% to NIO while Nicaraguan Córdoba(NIO) has changed % to COVAL in the last 24 hours.
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COVAL to NIO conversion data: Volatility and price changes of Circuits of Value in NIO

The highest Circuits of Value price in NIO over the past 7 days was 0.03159 NIO while the lowest Circuits of Value price in NIO over the past 7 days was 0.02645 NIO. The relative change between the highs and lows in Circuits of Value price in NIO over the last 7 days indicates a volatility of %. You can view additional volatility data and COVAL to NIO prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.02892 NIO
0.03159 NIO
0.03172 NIO
0.07353 NIO
Low
0.02645 NIO
0.02645 NIO
0.02114 NIO
0.01895 NIO
Average
0 NIO
0 NIO
0 NIO
0 NIO
Volatility
%
%
%
%
Change
-7.52%
-13.62%
-1.50%
-41.66%

Circuits of Value information

COVAL to NIO market statistics

COVAL/NIO:
C$0.02660
COVAL 24h volume:
C$956,434.17
COVAL market cap:
C$47,477,554.17
COVAL circulating supply:
1.78B COVAL

Current COVAL to NIO exchange rate

Circuits of Value to Nicaraguan Córdoba is falling this week.
Circuits of Value's current market price is C$0.02660 per COVAL, with a total market cap of C$47,477,554.17 NIO based on a circulating supply of 1,784,838,500 COVAL. The trading volume of Circuits of Value has changed by +5.34% (C$48,463.82 NIO) in the last 24 hours. Last trading day, COVAL's trading volume was C$907,970.34.

More info about Circuits of Value on Bitget

Nicaraguan Córdoba information

About Nicaraguan Córdoba (NIO)

The Nicaraguan Córdoba (NIO), introduced in 1912, serves not just as Nicaragua's official currency but also as a symbol of the nation's tumultuous history and its ongoing economic journey. It is commonly abbreviated as NIO and represented by the symbol C$. Named after the Spanish conquistador Francisco Hernández de Córdoba, who founded Nicaragua, the Córdoba has been integral to the nation's socio-economic fabric.

Historical Background

The introduction of the Córdoba was a significant step in consolidating Nicaragua's economic independence in the early 20th century. It replaced the peso and marked a new chapter in the nation's monetary history, mirroring its broader quest for national identity and economic self-determination.

Design and Symbolism

The design of the Nicaraguan Córdoba reflects the country's diverse cultural heritage and natural beauty. Banknotes and coins feature images of historical figures, indigenous art, and landmarks of national significance. These designs do more than facilitate transactions; they narrate stories of Nicaragua’s past and present, fostering a sense of national pride and unity.

Economic Role

The Córdoba plays a crucial role in Nicaragua’s economy, which is marked by agriculture, manufacturing, and an emerging service sector, including tourism. As the primary medium of exchange, it supports these sectors, enabling trade and investment and is vital for the everyday economic activities of Nicaraguans.

Monetary Policy and Inflation

Managed by the Central Bank of Nicaragua, the Córdoba has faced challenges including inflation and currency devaluation, especially during periods of political and economic instability. The central bank’s policies aim to stabilize the currency, which is crucial for maintaining economic confidence and promoting sustainable growth.

International Trade and the Nicaraguan Córdoba

In international trade, the stability of the Córdoba is important, especially for Nicaragua's exports like coffee, beef, and gold. A stable exchange rate is essential for maintaining competitive prices in the global market and attracting foreign investment.

Remittances and Economic Impact

Remittances from Nicaraguans living abroad, particularly in the United States and Costa Rica, are a crucial source of foreign income. These remittances, converted into Córdobas, play a substantial role in supporting families and contribute significantly to the national economy.

Bitget crypto-to-fiat exchange data shows that the most popular Circuits of Value currency pair is the COVAL to NIO, with for Circuits of Value's currency code being COVAL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for NIO.

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COVAL to NIO Conversion tables

The exchange rate of Circuits of Value is decreasing.
The exchange rate of 1 COVAL to Nicaraguan Córdoba has changed by -13.62% in the last 7 days. In the last 24 hours, the rate has fluctuated by -7.52%, reaching a high of 0.02892 NIO and a low of 0.02645 NIO . One month ago, the value of 1 COVAL was C$0.02700 NIO , which represents a -1.50% change from its current value. Over the last year, Circuits of Value has changed by
-C$
0.7407NIO
, resulting in a change of -96.53% in its value.
24 hours ago1 month ago1 year ago
Amount01:14 am today24 hours ago24h change
0.5 COVALC$0.01330C$0.01438
-7.52%
1 COVALC$0.02660C$0.02876
-7.52%
5 COVALC$0.1330C$0.1438
-7.52%
10 COVALC$0.2660C$0.2876
-7.52%
50 COVALC$1.33C$1.44
-7.52%
100 COVALC$2.66C$2.88
-7.52%
500 COVALC$13.3C$14.38
-7.52%
1000 COVALC$26.6C$28.76
-7.52%

COVAL to NIO FAQ

How much is 1 Circuits of Value in NIO?
Right now, the price of 1 Circuits of Value (COVAL) in Nicaraguan Córdoba (NIO) is C$0.02660.
How much COVAL can I buy for 1 NIO?
Based on the current exchange rate, you can get 37.59 COVAL for 1 NIO.
How do I calculate or convert COVAL to NIO?
You can use our COVAL to NIO calculator at the top of this page to convert any amount of COVAL to NIO. We've also included quick-reference tables for the most popular conversions. For example, 5 NIO is equivalent to 187.97 COVAL, while 5 COVAL will cost around 0.1330NIO.
What is the highest price of COVAL/NIO in history?
The all-time high price of 1 COVAL in NIO is C$4,896.11. It remains to be seen if the value of 1 COVAL/NIO will exceed the current all-time high.
What is the price trend of Circuits of Value in NIO?
Over the past 7 days, the exchange rate of Circuits of Value (COVAL) has gone down by 13.62%.   Over the last month, the exchange rate of Circuits of Value (COVAL) has gone down by 1.50% against Nicaraguan Córdoba (NIO).

What factors influence the conversion rate of COVAL to NIO?

There are many factors that affect the relationship between Circuits of Value and Nicaraguan Córdoba, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of COVAL/NIO. When there is positive news in the market about the widespread adoption of COVAL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of COVAL/NIO. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in COVAL/NIO.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of COVAL/NIO. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Circuits of Value and adjust their investment strategies accordingly in the evolving market.

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