Convert Japanese Yen to Cuban Peso
Please provide values below to convert Japanese Yen [JPY] to Cuban Peso [CUP], or Convert Cuban Peso to Japanese Yen.
How to Convert Japanese Yen to Cuban Peso
1 JPY = 6.11796666666667 CUP
Example: convert 15 JPY to CUP:
15 JPY = 15 × 6.11796666666667 CUP = 91.7695 CUP
Japanese Yen to Cuban Peso Conversion Table
| Japanese Yen | Cuban Peso |
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Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies globally.
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.