Convert Cuban Convertible Peso to Hungarian Forint
Please provide values below to convert Cuban Convertible Peso [CUC] to Hungarian Forint [HUF], or Convert Hungarian Forint to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Hungarian Forint
1 CUC = 0.00293943269536866 HUF
Example: convert 15 CUC to HUF:
15 CUC = 15 × 0.00293943269536866 HUF = 0.0440914904305299 HUF
Cuban Convertible Peso to Hungarian Forint Conversion Table
| Cuban Convertible Peso | Hungarian Forint |
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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.
Hungarian Forint
The Hungarian Forint (HUF) is the official currency of Hungary, used for all monetary transactions within the country.
History/Origin
The Forint was introduced in 1946, replacing the pengő after hyperinflation. It has undergone several reforms and decimalization since its inception.
Current Use
The Forint remains Hungary's legal tender, with banknotes and coins in circulation. It is managed by the Hungarian National Bank and used for everyday transactions and financial activities.