Convert Cuban Convertible Peso to Icelandic Króna
Please provide values below to convert Cuban Convertible Peso [CUC] to Icelandic Króna [ISK], or Convert Icelandic Króna to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Icelandic Króna
1 CUC = 0.00821615048701232 ISK
Example: convert 15 CUC to ISK:
15 CUC = 15 × 0.00821615048701232 ISK = 0.123242257305185 ISK
Cuban Convertible Peso to Icelandic Króna Conversion Table
| Cuban Convertible Peso | Icelandic Króna |
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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.
Icelandic Króna
The Icelandic Króna (ISK) is the official currency of Iceland, used as the country's primary medium of exchange.
History/Origin
The Króna was introduced in 1981, replacing the Icelandic Krona at par, and has undergone various redenominations and reforms since its inception.
Current Use
The ISK is actively used in Iceland for all financial transactions, including cash, banking, and electronic payments, and is managed by the Central Bank of Iceland.