Convert Cuban Peso to Romanian Leu
Please provide values below to convert Cuban Peso [CUP] to Romanian Leu [RON], or Convert Romanian Leu to Cuban Peso.
How to Convert Cuban Peso to Romanian Leu
1 CUP = 5.53812073103194 RON
Example: convert 15 CUP to RON:
15 CUP = 15 × 5.53812073103194 RON = 83.071810965479 RON
Cuban Peso to Romanian Leu Conversion Table
| Cuban Peso | Romanian Leu |
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Cuban Peso
The Cuban Peso (CUP) is the official currency of Cuba, used for everyday transactions within the country.
History/Origin
The Cuban Peso has been the official currency of Cuba since 1960, replacing the Cuban peso convertible (CUC) as the primary currency after the monetary reforms. It has undergone various changes in value and design over the years, reflecting Cuba's economic policies and relations.
Current Use
Today, the Cuban Peso is used mainly for domestic transactions, while the CUC is used for tourism and foreign trade. The CUP remains an essential part of Cuba's monetary system, with recent reforms aiming to unify the currency system.
Romanian Leu
The Romanian Leu (RON) is the official currency of Romania, used for all monetary transactions within the country.
History/Origin
The Leu was first introduced in 1867, replaced by the Romanian Leu in 1952 after a currency reform, and has undergone several redenominations, with the current form established in 2005 to stabilize the economy.
Current Use
The RON is actively used as Romania's primary currency for everyday transactions, banking, and international trade, with coins and banknotes issued by the National Bank of Romania.