Convert Costa Rican Colón to Cuban Convertible Peso
Please provide values below to convert Costa Rican Colón [CRC] to Cuban Convertible Peso [CUC], or Convert Cuban Convertible Peso to Costa Rican Colón.
How to Convert Costa Rican Colón to Cuban Convertible Peso
1 CRC = 504.32 CUC
Example: convert 15 CRC to CUC:
15 CRC = 15 × 504.32 CUC = 7564.8 CUC
Costa Rican Colón to Cuban Convertible Peso Conversion Table
| Costa Rican Colón | Cuban Convertible Peso |
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Costa Rican Colón
The Costa Rican Colón (CRC) is the official currency of Costa Rica, used for everyday transactions within the country.
History/Origin
Introduced in 1896, the Colón replaced the Costa Rican peso and was named after Christopher Columbus (Cristóbal Colón). It has undergone various devaluations and redesigns over the years to stabilize the economy.
Current Use
The CRC remains the official currency of Costa Rica, widely used in all economic activities, with banknotes and coins circulating throughout the country. It is also used in currency conversions and financial transactions domestically.
Cuban Convertible Peso
The Cuban Convertible Peso (CUC) was a currency used in Cuba, primarily for tourism and foreign transactions, pegged to the US dollar.
History/Origin
Introduced in 1994 to replace the peso convertible, the CUC was used alongside the Cuban peso (CUP). It facilitated foreign trade and tourism. The CUC was phased out starting in 2020 as part of Cuba's monetary unification efforts, with its value being absorbed into the CUP.
Current Use
The CUC is no longer in circulation as of 2021. Cuba has transitioned to a single currency system using the Cuban peso (CUP), and the CUC is considered obsolete.