Convert Cuban Convertible Peso to Cambodian Riel
Please provide values below to convert Cuban Convertible Peso [CUC] to Cambodian Riel [KHR], or Convert Cambodian Riel to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Cambodian Riel
1 CUC = 0.000249063936779802 KHR
Example: convert 15 CUC to KHR:
15 CUC = 15 × 0.000249063936779802 KHR = 0.00373595905169703 KHR
Cuban Convertible Peso to Cambodian Riel Conversion Table
| Cuban Convertible Peso | Cambodian Riel |
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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.
Cambodian Riel
The Cambodian Riel (KHR) is the official currency of Cambodia, used for everyday transactions and priced in the local economy.
History/Origin
The Riel was introduced in 1953, replacing the French Indochinese piastre, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Riel is primarily used domestically for most transactions, alongside the US dollar, which is also widely accepted in Cambodia.