Convert Cuban Convertible Peso to Tongan Paanga
Please provide values below to convert Cuban Convertible Peso [CUC] to Tongan Paanga [TOP], or Convert Tongan Paanga to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Tongan Paanga
1 CUC = 0.419392719342392 TOP
Example: convert 15 CUC to TOP:
15 CUC = 15 × 0.419392719342392 TOP = 6.29089079013588 TOP
Cuban Convertible Peso to Tongan Paanga Conversion Table
| Cuban Convertible Peso | Tongan Paanga |
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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.
Tongan Paanga
The Tongan Paʻanga (TOP) is the official currency of Tonga, used as the primary monetary unit for transactions within the country.
History/Origin
The Paʻanga was introduced in 1967, replacing the Tongan pound at a rate of 1 Paʻanga = 10 shillings, to modernize Tonga's currency system and facilitate easier transactions.
Current Use
Today, the Paʻanga remains the official currency of Tonga, widely used in everyday transactions, banking, and trade within the country.