Convert Cuban Convertible Peso to Afghan Afghani
Please provide values below to convert Cuban Convertible Peso [CUC] to Afghan Afghani [AFN], or Convert Afghan Afghani to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Afghan Afghani
1 CUC = 0.0145037260072113 AFN
Example: convert 15 CUC to AFN:
15 CUC = 15 × 0.0145037260072113 AFN = 0.217555890108169 AFN
Cuban Convertible Peso to Afghan Afghani Conversion Table
Cuban Convertible Peso | Afghan Afghani |
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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.
Afghan Afghani
The Afghan Afghani (AFN) is the official currency of Afghanistan, used for all monetary transactions within the country.
History/Origin
The Afghani was introduced in 1925, replacing the Afghan rupee, and has undergone several reforms and redenominations over the years, especially during periods of economic instability and conflict.
Current Use
Today, the Afghani remains the official currency of Afghanistan, widely used in everyday transactions, with coins and banknotes issued by the central bank, the Da Afghanistan Bank.