Convert United Arab Emirates Dirham to Cuban Peso
Please provide values below to convert United Arab Emirates Dirham [AED] to Cuban Peso [CUP], or Convert Cuban Peso to United Arab Emirates Dirham.
How to Convert United Arab Emirates Dirham to Cuban Peso
1 AED = 0.153020833333333 CUP
Example: convert 15 AED to CUP:
15 AED = 15 × 0.153020833333333 CUP = 2.2953125 CUP
United Arab Emirates Dirham to Cuban Peso Conversion Table
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United Arab Emirates Dirham
The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates, used for all monetary transactions within the country.
History/Origin
The AED was introduced in 1973, replacing the Qatar and Dubai riyal at par, to unify the various currencies used in the emirates and establish a national monetary system.
Current Use
The AED is widely used across the UAE for everyday transactions, banking, and international trade, and is recognized as a stable and reliable currency in the region.
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.