Convert Cuban Convertible Peso to Japanese Yen
Please provide values below to convert Cuban Convertible Peso [CUC] to Japanese Yen [JPY], or Convert Japanese Yen to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Japanese Yen
1 CUC = 0.00681054162875465 JPY
Example: convert 15 CUC to JPY:
15 CUC = 15 × 0.00681054162875465 JPY = 0.10215812443132 JPY
Cuban Convertible Peso to Japanese Yen Conversion Table
| Cuban Convertible Peso | Japanese Yen |
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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.
Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies globally.