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Cuban Convertible Peso (CUC) Profile

Users:

The Cuban Convertible Peso (CUC) is a currency used in Cuba primarily for international transactions and by tourists. It is also known as the "dollar" in Cuba due to its close value to the US dollar.

While it is used for certain transactions, the regular currency used by Cuban citizens is the Cuban Peso (CUP).

History:

The Cuban Convertible Peso was introduced in 1994 as a response to the economic crisis faced by Cuba after the collapse of the Soviet Union.

Cuban Peso (CUP) Profile

Users:

The Cuban Peso (CUP) is the official currency of Cuba. It is the legal tender used for all transactions within the country.

History:

The Cuban Peso has a long history and has been the official currency of Cuba since the country's independence.

Cuba is an island nation in the Caribbean region known for its rich history, culture, and natural beauty.

Coins and Banknotes:

The Cuban Peso is subdivided into 100 centavos, although centavos coins are not commonly used in practice.

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