Historical Exchange Rates
MAD to NIO Historical Exchange Rates
Review date-based historical exchange-rate data for Moroccan Dirham and Nicaraguan Córdoba. This page is designed for historical lookup, not current conversion.
Showing the 30D range. Providers may omit weekends, holidays or dates without published data.
Data source: Frankfurter | Rate date:
Historical Chart
MAD/NIO range data
1 MAD = 3.91207 NIO on
Monthly and annual reference summary
Calculated from available daily provider observations for 2026-07 and 2026.
| Date | Rate |
|---|---|
| 2026-07-09 | 1 MAD = 3.930159 NIO |
| 2026-07-10 | 1 MAD = 3.937215 NIO |
| 2026-07-13 | 1 MAD = 3.941735 NIO |
| 2026-07-14 | 1 MAD = 3.939024 NIO |
| 2026-07-15 | 1 MAD = 3.937881 NIO |
| 2026-07-16 | 1 MAD = 3.942796 NIO |
| 2026-07-17 | 1 MAD = 3.944014 NIO |
| 2026-07-20 | 1 MAD = 3.93599 NIO |
| 2026-07-21 | 1 MAD = 3.92719 NIO |
| 2026-07-22 | 1 MAD = 3.91866 NIO |
| 2026-07-23 | 1 MAD = 3.91442 NIO |
| 2026-07-24 | 1 MAD = 3.923579 NIO |
| 2026-07-27 | 1 MAD = 3.924149 NIO |
| 2026-07-28 | 1 MAD = 3.913855 NIO |
| 2026-07-29 | 1 MAD = 3.91207 NIO |
Historical trend summary
Observed changes in MAD/NIO
Across 22 provider observations from to , MAD/NIO finished below its first observation. The observed change was -0.05%.
The lowest observed rate was 1 MAD = 3.893049 NIO on . The highest was 1 MAD = 3.944014 NIO on . These statements describe the selected data only and are not a forecast.
Historical Context
Understanding MAD/NIO historical data
MAD/NIO records how many nicaraguan córdoba units one moroccan dirham represented at each provider publication. Moroccan Dirham is associated with Morocco, while Nicaraguan Córdoba is associated with Nicaragua. The series can support dated price comparisons, cross-currency records and research into how the relationship changed over the selected period.
Observed movement can reflect relative inflation, economic activity, monetary-policy conditions, trade and demand for the two currencies. The documented exchange-rate arrangements also provide context: Managed exchange-rate framework. These are historical reference observations, not intraday transaction prices, forecasts or evidence that a single factor caused a particular change.
Exchange-rate information is provided for reference only and is not financial, trading or investment advice.
Source and calculation method
CurrencyHub preserves the requested date separately from the actual provider publication date. Monthly and annual averages are arithmetic means of available daily observations, and the month-end value is the final published observation in that calendar month. No missing weekend or holiday rate is invented or interpolated. Review the policy that applies to any accounting, tax or legal use.
Data interpretation note
These observations are reference rates for comparison and research, not bank execution prices. A requested weekend or holiday may have no publication because the provider follows its own release calendar; CurrencyHub identifies the actual published date instead of inventing or interpolating a value. Banks and payment services can use different processing dates, spreads and fees.