Convert Brunei Dollar to Cuban Peso
Please provide values below to convert Brunei Dollar [BND] to Cuban Peso [CUP], or Convert Cuban Peso to Brunei Dollar.
How to Convert Brunei Dollar to Cuban Peso
1 BND = 0.0533166666666667 CUP
Example: convert 15 BND to CUP:
15 BND = 15 × 0.0533166666666667 CUP = 0.79975 CUP
Brunei Dollar to Cuban Peso Conversion Table
| Brunei Dollar | Cuban Peso |
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Brunei Dollar
The Brunei Dollar (BND) is the official currency of Brunei, used for all monetary transactions within the country.
History/Origin
Introduced in 1967, the Brunei Dollar replaced the Malayan dollar and has been pegged to the Singapore Dollar since 1967, maintaining a fixed exchange rate.
Current Use
The Brunei Dollar is widely used in Brunei for everyday transactions, banking, and trade, and is also accepted in some neighboring regions due to its peg to the Singapore Dollar.
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.