Convert Cuban Convertible Peso to Mauritanian Ouguiya
Please provide values below to convert Cuban Convertible Peso [CUC] to Mauritanian Ouguiya [MRU], or Convert Mauritanian Ouguiya to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Mauritanian Ouguiya
1 CUC = 0.025024210924069 MRU
Example: convert 15 CUC to MRU:
15 CUC = 15 × 0.025024210924069 MRU = 0.375363163861036 MRU
Cuban Convertible Peso to Mauritanian Ouguiya Conversion Table
| Cuban Convertible Peso | Mauritanian Ouguiya |
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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.
Mauritanian Ouguiya
The Mauritanian Ouguiya (MRU) is the official currency of Mauritania, used for all monetary transactions within the country.
History/Origin
The Ouguiya was introduced in 1973, replacing the CFA franc at par, and has undergone various redenominations and updates since its inception to modernize the currency system.
Current Use
Today, the MRU is actively used in Mauritania for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of West African States (BCEAO).