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The Nicaraguan C贸rdoba (NIO) is the official currency of Nicaragua, named after the country's national hero, Francisco de C贸rdoba. It is subdivided into 100 centavos and is used primarily for everyday transactions, trade, and economic activities within the country.
Special Drawing Rights (SDR) is an international reserve asset created by the International Monetary Fund (IMF) to supplement its member countries' official reserves. SDRs are allocated to member countries in proportion to their IMF quotas and can be exchanged among members for freely usable currencies, providing liquidity in the global economy.