Convert Cuban Convertible Peso to Myanma Kyat
Please provide values below to convert Cuban Convertible Peso [CUC] to Myanma Kyat [MMK], or Convert Myanma Kyat to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Myanma Kyat
1 CUC = 0.000475773449434108 MMK
Example: convert 15 CUC to MMK:
15 CUC = 15 × 0.000475773449434108 MMK = 0.00713660174151162 MMK
Cuban Convertible Peso to Myanma Kyat Conversion Table
| Cuban Convertible Peso | Myanma Kyat |
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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.
Myanma Kyat
The Myanma Kyat (MMK) is the official currency of Myanmar, used for all monetary transactions within the country.
History/Origin
The Kyat was introduced in 1952, replacing the Indian Rupee, and has undergone several reforms and redenominations over the years to stabilize Myanmar's economy.
Current Use
Today, the Kyat is the primary currency in Myanmar, used in everyday transactions, banking, and financial markets, with banknotes and coins issued by the Central Bank of Myanmar.