Convert Cuban Peso to Aruban Florin
Please provide values below to convert Cuban Peso [CUP] to Aruban Florin [AWG], or Convert Aruban Florin to Cuban Peso.
How to Convert Cuban Peso to Aruban Florin
1 CUP = 13.4078212290503 AWG
Example: convert 15 CUP to AWG:
15 CUP = 15 × 13.4078212290503 AWG = 201.117318435754 AWG
Cuban Peso to Aruban Florin Conversion Table
| Cuban Peso | Aruban Florin |
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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.
Aruban Florin
The Aruban Florin (AWG) is the official currency of Aruba, used as a medium of exchange within the country.
History/Origin
The Aruban Florin was introduced in 1986, replacing the Netherlands Antillean Guilder at par, to establish a distinct national currency for Aruba.
Current Use
The AWG is widely used in Aruba for all daily transactions, banking, and trade, and is pegged to the US dollar at a fixed rate.