Convert Cuban Convertible Peso to Costa Rican Colón
Please provide values below to convert Cuban Convertible Peso [CUC] to Costa Rican Colón [CRC], or Convert Costa Rican Colón to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Costa Rican Colón
1 CUC = 0.00198286802030457 CRC
Example: convert 15 CUC to CRC:
15 CUC = 15 × 0.00198286802030457 CRC = 0.0297430203045685 CRC
Cuban Convertible Peso to Costa Rican Colón Conversion Table
| Cuban Convertible Peso | Costa Rican Colón |
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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.
Costa Rican Colón
The Costa Rican Colón (CRC) is the official currency of Costa Rica, used for everyday transactions within the country.
History/Origin
Introduced in 1896, the Colón replaced the Costa Rican peso and was named after Christopher Columbus (Cristóbal Colón). It has undergone various devaluations and redesigns over the years to stabilize the economy.
Current Use
The CRC remains the official currency of Costa Rica, widely used in all economic activities, with banknotes and coins circulating throughout the country. It is also used in currency conversions and financial transactions domestically.