Convert Cuban Peso to Cambodian Riel
Please provide values below to convert Cuban Peso [CUP] to Cambodian Riel [KHR], or Convert Cambodian Riel to Cuban Peso.
How to Convert Cuban Peso to Cambodian Riel
1 CUP = 0.00597753448271525 KHR
Example: convert 15 CUP to KHR:
15 CUP = 15 × 0.00597753448271525 KHR = 0.0896630172407287 KHR
Cuban Peso to Cambodian Riel Conversion Table
| Cuban Peso | Cambodian Riel |
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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.
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.