Convert Cuban Convertible Peso to Kyrgystani Som
Please provide values below to convert Cuban Convertible Peso [CUC] to Kyrgystani Som [KGS], or Convert Kyrgystani Som to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Kyrgystani Som
1 CUC = 0.0114551211264508 KGS
Example: convert 15 CUC to KGS:
15 CUC = 15 × 0.0114551211264508 KGS = 0.171826816896762 KGS
Cuban Convertible Peso to Kyrgystani Som Conversion Table
| Cuban Convertible Peso | Kyrgystani Som |
|---|
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.
Kyrgystani Som
The Kyrgystani Som (KGS) is the official currency of Kyrgyzstan, used for all monetary transactions within the country.
History/Origin
The Som was introduced in 1993, replacing the Soviet ruble, as part of Kyrgyzstan's independence and economic transition to establish a national currency.
Current Use
The Kyrgystani Som is actively used in everyday transactions, banking, and financial markets within Kyrgyzstan, with ongoing efforts to stabilize and modernize its economy.