Convert Cuban Convertible Peso to Aruban Florin
Please provide values below to convert Cuban Convertible Peso [CUC] to Aruban Florin [AWG], or Convert Aruban Florin to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Aruban Florin
1 CUC = 0.558659217877095 AWG
Example: convert 15 CUC to AWG:
15 CUC = 15 × 0.558659217877095 AWG = 8.37988826815642 AWG
Cuban Convertible Peso to Aruban Florin Conversion Table
| Cuban Convertible Peso | Aruban Florin |
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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.
Aruban Florin
The Aruban Florin (AWG) is the official currency of Aruba, used as a medium of exchange within the country.
History/Origin
The Aruban Florin was introduced in 1986, replacing the Netherlands Antillean Guilder at par, to establish a distinct national currency for Aruba.
Current Use
The AWG is widely used in Aruba for all daily transactions, banking, and trade, and is pegged to the US dollar at a fixed rate.