NIO

DEFINITION of 'NIO'

In currencies, this is the abbreviation for the Nicaraguan Cordoba.

BREAKING DOWN 'NIO'

The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.

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    Foreign exchange, or Forex, is the conversion of one country's currency into that of another. In a free economy, a country's ... Read Answer >>
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    Understand constant currency figures, and explore some of the reasons why a company is likely to benefit from reporting using ... Read Answer >>
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