Convert Cuban Peso to British Pound Sterling
Please provide values below to convert Cuban Peso [CUP] to British Pound Sterling [GBP], or Convert British Pound Sterling to Cuban Peso.
How to Convert Cuban Peso to British Pound Sterling
1 CUP = 32.4236692785734 GBP
Example: convert 15 CUP to GBP:
15 CUP = 15 × 32.4236692785734 GBP = 486.3550391786 GBP
Cuban Peso to British Pound Sterling Conversion Table
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Cuban Peso
The Cuban Peso (CUP) is the official currency of Cuba, used for everyday transactions within the country.
History/Origin
The Cuban Peso has been the official currency of Cuba since 1960, replacing the Cuban peso convertible (CUC) as the primary currency after the monetary reforms. It has undergone various changes in value and design over the years, reflecting Cuba's economic policies and relations.
Current Use
Today, the Cuban Peso is used mainly for domestic transactions, while the CUC is used for tourism and foreign trade. The CUP remains an essential part of Cuba's monetary system, with recent reforms aiming to unify the currency system.
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.