Convert Cuban Convertible Peso to Belize Dollar
Please provide values below to convert Cuban Convertible Peso [CUC] to Belize Dollar [BZD], or Convert Belize Dollar to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Belize Dollar
1 CUC = 0.5 BZD
Example: convert 15 CUC to BZD:
15 CUC = 15 × 0.5 BZD = 7.5 BZD
Cuban Convertible Peso to Belize Dollar Conversion Table
| Cuban Convertible Peso | Belize Dollar |
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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.
Belize Dollar
The Belize Dollar (BZD) is the official currency of Belize, used for all monetary transactions within the country.
History/Origin
The Belize Dollar was introduced in 1973, replacing the Belizean dollar at par with the British dollar, and has since been the country's standard currency, maintaining stability through pegging to the US dollar.
Current Use
The Belize Dollar is widely used in Belize for everyday transactions, banking, and trade, and is pegged to the US dollar at a rate of 2 BZD to 1 USD.