Convert Cuban Peso to Namibian Dollar
Please provide values below to convert Cuban Peso [CUP] to Namibian Dollar [NAD], or Convert Namibian Dollar to Cuban Peso.
How to Convert Cuban Peso to Namibian Dollar
1 CUP = 1.36622131646809 NAD
Example: convert 15 CUP to NAD:
15 CUP = 15 × 1.36622131646809 NAD = 20.4933197470214 NAD
Cuban Peso to Namibian Dollar Conversion Table
| Cuban Peso | Namibian Dollar |
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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.
Namibian Dollar
The Namibian Dollar (NAD) is the official currency of Namibia, used for all monetary transactions within the country.
History/Origin
Introduced in 1993, replacing the South African Rand at par, the Namibian Dollar was established to establish a distinct national currency following independence from South Africa.
Current Use
The NAD is widely used in Namibia for everyday transactions, banking, and trade, and is pegged at par with the South African Rand, which is also accepted in Namibia.