Convert Hungarian Forint to Cuban Peso
Please provide values below to convert Hungarian Forint [HUF] to Cuban Peso [CUP], or Convert Cuban Peso to Hungarian Forint.
How to Convert Hungarian Forint to Cuban Peso
1 HUF = 14.1750708333333 CUP
Example: convert 15 HUF to CUP:
15 HUF = 15 × 14.1750708333333 CUP = 212.6260625 CUP
Hungarian Forint to Cuban Peso Conversion Table
| Hungarian Forint | Cuban Peso |
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Hungarian Forint
The Hungarian Forint (HUF) is the official currency of Hungary, used for all monetary transactions within the country.
History/Origin
The Forint was introduced in 1946, replacing the pengő after hyperinflation. It has undergone several reforms and decimalization since its inception.
Current Use
The Forint remains Hungary's legal tender, with banknotes and coins in circulation. It is managed by the Hungarian National Bank and used for everyday transactions and financial activities.
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.