Convert Cuban Peso to Qatari Rial
Please provide values below to convert Cuban Peso [CUP] to Qatari Rial [QAR], or Convert Qatari Rial to Cuban Peso.
How to Convert Cuban Peso to Qatari Rial
1 CUP = 6.59340659340659 QAR
Example: convert 15 CUP to QAR:
15 CUP = 15 × 6.59340659340659 QAR = 98.9010989010989 QAR
Cuban Peso to Qatari Rial Conversion Table
| Cuban Peso | Qatari Rial |
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Cuban Peso
The Cuban Peso (CUP) is the official currency of Cuba, used for everyday transactions within the country.
History/Origin
The Cuban Peso has been the official currency of Cuba since 1960, replacing the Cuban peso convertible (CUC) as the primary currency after the monetary reforms. It has undergone various changes in value and design over the years, reflecting Cuba's economic policies and relations.
Current Use
Today, the Cuban Peso is used mainly for domestic transactions, while the CUC is used for tourism and foreign trade. The CUP remains an essential part of Cuba's monetary system, with recent reforms aiming to unify the currency system.
Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.