Convert Cuban Peso to Kazakhstani Tenge
Please provide values below to convert Cuban Peso [CUP] to Kazakhstani Tenge [KZT], or Convert Kazakhstani Tenge to Cuban Peso.
How to Convert Cuban Peso to Kazakhstani Tenge
1 CUP = 0.0448842939008603 KZT
Example: convert 15 CUP to KZT:
15 CUP = 15 × 0.0448842939008603 KZT = 0.673264408512905 KZT
Cuban Peso to Kazakhstani Tenge Conversion Table
| Cuban Peso | Kazakhstani Tenge |
|---|
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.
Kazakhstani Tenge
The Kazakhstani Tenge (KZT) is the official currency of Kazakhstan, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 following Kazakhstan's independence from the Soviet Union, the Tenge replaced the Soviet ruble and has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Tenge is actively used in Kazakhstan for everyday transactions, banking, and trade, and is managed by the National Bank of Kazakhstan. It features modern security features and is available in both cash and digital forms.