Convert Cuban Peso to Belize Dollar
Please provide values below to convert Cuban Peso [CUP] to Belize Dollar [BZD], or Convert Belize Dollar to Cuban Peso.
How to Convert Cuban Peso to Belize Dollar
1 CUP = 12 BZD
Example: convert 15 CUP to BZD:
15 CUP = 15 × 12 BZD = 180 BZD
Cuban Peso to Belize Dollar Conversion Table
| Cuban Peso | Belize Dollar |
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Cuban Peso
The Cuban Peso (CUP) is the official currency of Cuba, used for everyday transactions within the country.
History/Origin
The Cuban Peso has been the official currency of Cuba since 1960, replacing the Cuban peso convertible (CUC) as the primary currency after the monetary reforms. It has undergone various changes in value and design over the years, reflecting Cuba's economic policies and relations.
Current Use
Today, the Cuban Peso is used mainly for domestic transactions, while the CUC is used for tourism and foreign trade. The CUP remains an essential part of Cuba's monetary system, with recent reforms aiming to unify the currency system.
Belize Dollar
The Belize Dollar (BZD) is the official currency of Belize, used for all monetary transactions within the country.
History/Origin
The Belize Dollar was introduced in 1973, replacing the Belizean dollar at par with the British dollar, and has since been the country's standard currency, maintaining stability through pegging to the US dollar.
Current Use
The Belize Dollar is widely used in Belize for everyday transactions, banking, and trade, and is pegged to the US dollar at a rate of 2 BZD to 1 USD.