Convert Cuban Peso to Ugandan Shilling
Please provide values below to convert Cuban Peso [CUP] to Ugandan Shilling [UGX], or Convert Ugandan Shilling to Cuban Peso.
How to Convert Cuban Peso to Ugandan Shilling
1 CUP = 0.00672972305002489 UGX
Example: convert 15 CUP to UGX:
15 CUP = 15 × 0.00672972305002489 UGX = 0.100945845750373 UGX
Cuban Peso to Ugandan Shilling Conversion Table
| Cuban Peso | Ugandan Shilling |
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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.
Ugandan Shilling
The Ugandan Shilling (UGX) is the official currency of Uganda, used for all monetary transactions within the country.
History/Origin
The Ugandan Shilling was introduced in 1966, replacing the East African Shilling, and has undergone various denominations and reforms over the years to stabilize the economy.
Current Use
Today, the UGX is widely used in Uganda for everyday transactions, banking, and trade, and is managed by the Bank of Uganda.