Cuban peso

The official money of Cuba is the Cuban peso, also referred to as the national currency or moneda. From the 16th to the 19th centuries, the Cuban peso circulated at par with the Spanish-American silver dollar, and from 1881 to 1959, at par with the U.S. dollar. The peso was thereafter tied to the Soviet ruble by the Castro regime, which also implemented the communist planned economy. After the Soviet Union fell apart in 1991, Cuba experienced a Special Period of challenging economic changes. From 1994 to 2020, the Cuban Peso circulated alongside the Cuban Convertible Peso, which was pegged to and convertible into the US Dollar at a rate of US$1 = CUC 1 = CUP 25. However, state-run businesses were allowed, within certain restrictions, to convert CUPs into CUCs and US dollars at the official, subsidized rate of US$1 = CUC 1 = CUP 1. The so-called "Day Zero" of monetary unification was executed in Cuba on January 1, 2021, abolishing both the convertible peso and the 1 CUP/USD rate for state-owned firms. The only legal tender in Cuba from that point on was the Cuban Peso, which was transformed into CUCs at a rate of 24 CUP/CUC, and the official exchange rate for both public and private transactions was 24 CUP/USD.

how has the value of the currency changed in the last year?

Cuban peso how has the value of the currency changed in the last year?

USD 1 = CUP 25.75

How much is10 US dollars worth inCuban pesos?
At the current exchange rate, 10 US dollars is worth 257.5 Cuban pesos
How much is50 US dollars worth inCuban pesos?
At the current exchange rate, 50 US dollars is worth 1,287.5 Cuban pesos
How much is100 US dollars worth inCuban pesos?
At the current exchange rate, 100 US dollars is worth 2,575 Cuban pesos
How much is500 US dollars worth inCuban pesos?
At the current exchange rate, 500 US dollars is worth 12,875 Cuban pesos
How much is2,000 US dollars worth inCuban pesos?
At the current exchange rate, 2,000 US dollars is worth 51,500 Cuban pesos
How much is10 US dollars worth inCuban pesos?
At the current exchange rate, 10 US dollars is worth 257.5 Cuban pesos
How much is50 US dollars worth inCuban pesos?
At the current exchange rate, 50 US dollars is worth 1,287.5 Cuban pesos
How much is100 US dollars worth inCuban pesos?
At the current exchange rate, 100 US dollars is worth 2,575 Cuban pesos
How much is500 US dollars worth inCuban pesos?
At the current exchange rate, 500 US dollars is worth 12,875 Cuban pesos
How much is2,000 US dollars worth inCuban pesos?
At the current exchange rate, 2,000 US dollars is worth 51,500 Cuban pesos
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