Convert Azerbaijani Manat to Cuban Peso
Please provide values below to convert Azerbaijani Manat [AZN] to Cuban Peso [CUP], or Convert Cuban Peso to Azerbaijani Manat.
How to Convert Azerbaijani Manat to Cuban Peso
1 AZN = 0.0708541666666667 CUP
Example: convert 15 AZN to CUP:
15 AZN = 15 × 0.0708541666666667 CUP = 1.0628125 CUP
Azerbaijani Manat to Cuban Peso Conversion Table
| Azerbaijani Manat | Cuban Peso |
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Azerbaijani Manat
The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, used for all monetary transactions within the country.
History/Origin
The Azerbaijani Manat was introduced in 1992, replacing the Soviet ruble, and has undergone several redenominations, with the current version introduced in 2006 to stabilize the economy and control inflation.
Current Use
Today, the AZN is widely used in Azerbaijan for everyday transactions, banking, and trade, and is considered a stable currency within 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.