Convert United Arab Emirates Dirham to Cuban Convertible Peso
Please provide values below to convert United Arab Emirates Dirham [AED] to Cuban Convertible Peso [CUC], or Convert Cuban Convertible Peso to United Arab Emirates Dirham.
How to Convert United Arab Emirates Dirham to Cuban Convertible Peso
1 AED = 3.6725 CUC
Example: convert 15 AED to CUC:
15 AED = 15 × 3.6725 CUC = 55.0875 CUC
United Arab Emirates Dirham to Cuban Convertible Peso Conversion Table
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United Arab Emirates Dirham
The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates, used for all monetary transactions within the country.
History/Origin
The AED was introduced in 1973, replacing the Qatar and Dubai riyal at par, to unify the various currencies used in the emirates and establish a national monetary system.
Current Use
The AED is widely used across the UAE for everyday transactions, banking, and international trade, and is recognized as a stable and reliable currency in the region.
Cuban Convertible Peso
The Cuban Convertible Peso (CUC) was a currency used in Cuba, primarily for tourism and foreign transactions, pegged to the US dollar.
History/Origin
Introduced in 1994 to replace the peso convertible, the CUC was used alongside the Cuban peso (CUP). It facilitated foreign trade and tourism. The CUC was phased out starting in 2020 as part of Cuba's monetary unification efforts, with its value being absorbed into the CUP.
Current Use
The CUC is no longer in circulation as of 2021. Cuba has transitioned to a single currency system using the Cuban peso (CUP), and the CUC is considered obsolete.