Convert Cuban Convertible Peso to Singapore Dollar
Please provide values below to convert Cuban Convertible Peso [CUC] to Singapore Dollar [SGD], or Convert Singapore Dollar to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Singapore Dollar
1 CUC = 0.781433148394155 SGD
Example: convert 15 CUC to SGD:
15 CUC = 15 × 0.781433148394155 SGD = 11.7214972259123 SGD
Cuban Convertible Peso to Singapore Dollar Conversion Table
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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.
Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore, used for all monetary transactions within the country.
History/Origin
The Singapore Dollar was introduced in 1967, replacing the Malayan dollar, and has since evolved into a stable currency managed by the Monetary Authority of Singapore.
Current Use
Today, the SGD is widely used in Singapore for everyday transactions, banking, and international trade, and is considered a major Asian currency.