Convert Cuban Convertible Peso to Bhutanese Ngultrum
Please provide values below to convert Cuban Convertible Peso [CUC] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Bhutanese Ngultrum
1 CUC = 0.0115762848229118 BTN
Example: convert 15 CUC to BTN:
15 CUC = 15 × 0.0115762848229118 BTN = 0.173644272343677 BTN
Cuban Convertible Peso to Bhutanese Ngultrum Conversion Table
| Cuban Convertible Peso | Bhutanese Ngultrum |
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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.
Bhutanese Ngultrum
The Bhutanese Ngultrum (BTN) is the official currency of Bhutan, used for all monetary transactions within the country.
History/Origin
Introduced in 1974, the Ngultrum replaced the Indian Rupee as Bhutan's official currency, establishing a separate national currency to promote economic independence.
Current Use
The Ngultrum remains the official currency of Bhutan, widely used in everyday transactions, with coins and banknotes issued by the Royal Monetary Authority of Bhutan.