Convert Cuban Convertible Peso to Guyanaese Dollar
Please provide values below to convert Cuban Convertible Peso [CUC] to Guyanaese Dollar [GYD], or Convert Guyanaese Dollar to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Guyanaese Dollar
1 CUC = 0.00477803403967011 GYD
Example: convert 15 CUC to GYD:
15 CUC = 15 × 0.00477803403967011 GYD = 0.0716705105950516 GYD
Cuban Convertible Peso to Guyanaese Dollar Conversion Table
| Cuban Convertible Peso | Guyanaese Dollar |
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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.
Guyanaese Dollar
The Guyanese Dollar (GYD) is the official currency of Guyana, used for all monetary transactions within the country.
History/Origin
The Guyanese Dollar was introduced in 1957, replacing the British West Indian dollar, and has undergone various redenominations and economic reforms since then.
Current Use
The GYD is widely used in Guyana for everyday transactions, banking, and trade, and is also accepted in some neighboring regions.