Convert Chilean Peso to Cuban Convertible Peso
Please provide values below to convert Chilean Peso [CLP] to Cuban Convertible Peso [CUC], or Convert Cuban Convertible Peso to Chilean Peso.
How to Convert Chilean Peso to Cuban Convertible Peso
1 CLP = 954.3905 CUC
Example: convert 15 CLP to CUC:
15 CLP = 15 × 954.3905 CUC = 14315.8575 CUC
Chilean Peso to Cuban Convertible Peso Conversion Table
| Chilean Peso | Cuban Convertible Peso |
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Chilean Peso
The Chilean Peso (CLP) is the official currency of Chile, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Chilean Peso was introduced in 1975, replacing the Chilean Escudo, as part of monetary reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Chilean Peso remains the official currency of Chile, widely used in all financial transactions, banking, and commerce across the country.
Cuban Convertible Peso
The Cuban Convertible Peso (CUC) was a currency used in Cuba, primarily for tourism and foreign transactions, pegged to the US dollar.
History/Origin
Introduced in 1994 to replace the peso convertible, the CUC was used alongside the Cuban peso (CUP). It facilitated foreign trade and tourism. The CUC was phased out starting in 2020 as part of Cuba's monetary unification efforts, with its value being absorbed into the CUP.
Current Use
The CUC is no longer in circulation as of 2021. Cuba has transitioned to a single currency system using the Cuban peso (CUP), and the CUC is considered obsolete.