Convert Ukrainian Hryvnia to Cuban Peso
Please provide values below to convert Ukrainian Hryvnia [UAH] to Cuban Peso [CUP], or Convert Cuban Peso to Ukrainian Hryvnia.
How to Convert Ukrainian Hryvnia to Cuban Peso
1 UAH = 1.7408125 CUP
Example: convert 15 UAH to CUP:
15 UAH = 15 × 1.7408125 CUP = 26.1121875 CUP
Ukrainian Hryvnia to Cuban Peso Conversion Table
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Ukrainian Hryvnia
The Ukrainian Hryvnia (UAH) is the official currency of Ukraine, used for all monetary transactions within the country.
History/Origin
The Hryvnia was first introduced in Ukraine in 1918 during the brief independence period, replaced by the Soviet ruble. It was reintroduced in 1996 after Ukraine gained independence from the Soviet Union, replacing the karbovanets as the national currency.
Current Use
Today, the Hryvnia is the sole legal tender in Ukraine, widely used in everyday transactions, banking, and financial markets. It is managed by the National Bank of Ukraine and features modern banknotes and coins.
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.