Convert Cuban Convertible Peso to Bahamian Dollar
Please provide values below to convert Cuban Convertible Peso [CUC] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Bahamian Dollar
1 CUC = 1 BSD
Example: convert 15 CUC to BSD:
15 CUC = 15 × 1 BSD = 15 BSD
Cuban Convertible Peso to Bahamian Dollar Conversion Table
| Cuban Convertible Peso | Bahamian Dollar |
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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.
Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.