Convert Bolivian Boliviano to Cuban Convertible Peso
Please provide values below to convert Bolivian Boliviano [BOB] to Cuban Convertible Peso [CUC], or Convert Cuban Convertible Peso to Bolivian Boliviano.
How to Convert Bolivian Boliviano to Cuban Convertible Peso
1 BOB = 6.9104 CUC
Example: convert 15 BOB to CUC:
15 BOB = 15 × 6.9104 CUC = 103.656 CUC
Bolivian Boliviano to Cuban Convertible Peso Conversion Table
| Bolivian Boliviano | Cuban Convertible Peso |
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Bolivian Boliviano
The Bolivian Boliviano (BOB) is the official currency of Bolivia, used for all monetary transactions within the country.
History/Origin
Introduced in 1987 to replace the Bolivian peso, the Boliviano has undergone various redenominations and reforms to stabilize Bolivia's economy and control inflation.
Current Use
The Boliviano remains the primary currency in Bolivia, widely used in everyday transactions, banking, and commerce across the country.
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.