Convert Guyanaese Dollar to Cuban Peso
Please provide values below to convert Guyanaese Dollar [GYD] to Cuban Peso [CUP], or Convert Cuban Peso to Guyanaese Dollar.
How to Convert Guyanaese Dollar to Cuban Peso
1 GYD = 8.7204625 CUP
Example: convert 15 GYD to CUP:
15 GYD = 15 × 8.7204625 CUP = 130.8069375 CUP
Guyanaese Dollar to Cuban Peso Conversion Table
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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.
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.