Convert Russian Ruble to Cuban Peso
Please provide values below to convert Russian Ruble [RUB] to Cuban Peso [CUP], or Convert Cuban Peso to Russian Ruble.
How to Convert Russian Ruble to Cuban Peso
1 RUB = 3.2671 CUP
Example: convert 15 RUB to CUP:
15 RUB = 15 × 3.2671 CUP = 49.0065 CUP
Russian Ruble to Cuban Peso Conversion Table
Russian Ruble | Cuban Peso |
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Russian Ruble
The Russian Ruble (RUB) is the official currency of Russia, used for everyday transactions and financial exchanges within the country.
History/Origin
The Ruble has been the currency of Russia for centuries, with origins dating back to the 13th century. It has undergone various reforms and redenominations, most notably after the Soviet Union's dissolution in 1991, establishing the modern RUB as the national currency.
Current Use
Today, the Russian Ruble is widely used throughout Russia for all forms of payment, including cash, electronic transfers, and banking transactions. It is also traded on international currency markets.
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.