Convert Cuban Convertible Peso to Australian Dollar
Please provide values below to convert Cuban Convertible Peso [CUC] to Australian Dollar [AUD], or Convert Australian Dollar to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Australian Dollar
1 CUC = 0.653936698927544 AUD
Example: convert 15 CUC to AUD:
15 CUC = 15 × 0.653936698927544 AUD = 9.80905048391316 AUD
Cuban Convertible Peso to Australian Dollar Conversion Table
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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.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.