Convert Cuban Convertible Peso to Trinidad and Tobago Dollar
Please provide values below to convert Cuban Convertible Peso [CUC] to Trinidad and Tobago Dollar [TTD], or Convert Trinidad and Tobago Dollar to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Trinidad And Tobago Dollar
1 CUC = 0.147566626331789 TTD
Example: convert 15 CUC to TTD:
15 CUC = 15 × 0.147566626331789 TTD = 2.21349939497683 TTD
Cuban Convertible Peso to Trinidad And Tobago Dollar Conversion Table
Cuban Convertible Peso | Trinidad and Tobago 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.
Trinidad And Tobago Dollar
The Trinidad and Tobago Dollar (TTD) is the official currency of Trinidad and Tobago, used for all monetary transactions within the country.
History/Origin
The Trinidad and Tobago Dollar was introduced in 1964, replacing the Trinidad and Tobago pound at a rate of 1 dollar = 1 pound. It was decimalized in 1969, aligning with international standards.
Current Use
The TTD is widely used in everyday transactions, banking, and trade within Trinidad and Tobago. It is also accepted in some neighboring regions and is managed by the Central Bank of Trinidad and Tobago.