Convert Cuban Convertible Peso to Czech Republic Koruna
Please provide values below to convert Cuban Convertible Peso [CUC] to Czech Republic Koruna [CZK], or Convert Czech Republic Koruna to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Czech Republic Koruna
1 CUC = 0.0476258513120922 CZK
Example: convert 15 CUC to CZK:
15 CUC = 15 × 0.0476258513120922 CZK = 0.714387769681383 CZK
Cuban Convertible Peso to Czech Republic Koruna Conversion Table
| Cuban Convertible Peso | Czech Republic Koruna |
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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.
Czech Republic Koruna
The Czech Republic Koruna (CZK) is the official currency of the Czech Republic, used for all monetary transactions within the country.
History/Origin
The Koruna was introduced in 1993 following the dissolution of Czechoslovakia, replacing the Czechoslovak koruna at par. It has undergone various reforms and decimalization over the years.
Current Use
The CZK is widely used in everyday transactions, banking, and international trade within the Czech Republic. It is also accepted in some neighboring regions and is actively traded on the foreign exchange market.