Convert Chilean Peso to Cuban Peso
Please provide values below to convert Chilean Peso [CLP] to Cuban Peso [CUP], or Convert Cuban Peso to Chilean Peso.
How to Convert Chilean Peso to Cuban Peso
1 CLP = 39.7662708333333 CUP
Example: convert 15 CLP to CUP:
15 CLP = 15 × 39.7662708333333 CUP = 596.4940625 CUP
Chilean Peso to Cuban Peso Conversion Table
| Chilean Peso | Cuban Peso |
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Chilean Peso
The Chilean Peso (CLP) is the official currency of Chile, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Chilean Peso was introduced in 1975, replacing the Chilean Escudo, as part of monetary reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Chilean Peso remains the official currency of Chile, widely used in all financial transactions, banking, and commerce across the country.
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.