Convert Congolese Franc to Cuban Peso
Please provide values below to convert Congolese Franc [CDF] to Cuban Peso [CUP], or Convert Cuban Peso to Congolese Franc.
How to Convert Congolese Franc to Cuban Peso
1 CDF = 120.2098375 CUP
Example: convert 15 CDF to CUP:
15 CDF = 15 × 120.2098375 CUP = 1803.1475625 CUP
Congolese Franc to Cuban Peso Conversion Table
| Congolese Franc | Cuban Peso |
|---|
Congolese Franc
The Congolese Franc (CDF) is the official currency of the Democratic Republic of the Congo, used for everyday transactions and financial exchanges within the country.
History/Origin
The Congolese Franc was introduced in 1967, replacing the Congolese Léopard at par, as part of monetary reforms following independence. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the CDF remains the official currency of the Democratic Republic of the Congo, used in all banking, commerce, and financial activities across the country.
Cuban Peso
The Cuban Peso (CUP) is the official currency of Cuba, used for everyday transactions within the country.
History/Origin
The Cuban Peso has been the official currency of Cuba since 1960, replacing the Cuban peso convertible (CUC) as the primary currency after the monetary reforms. It has undergone various changes in value and design over the years, reflecting Cuba's economic policies and relations.
Current Use
Today, the Cuban Peso is used mainly for domestic transactions, while the CUC is used for tourism and foreign trade. The CUP remains an essential part of Cuba's monetary system, with recent reforms aiming to unify the currency system.