Convert Cuban Peso to Thai Baht
Please provide values below to convert Cuban Peso [CUP] to Thai Baht [THB], or Convert Thai Baht to Cuban Peso.
How to Convert Cuban Peso to Thai Baht
1 CUP = 0.745050073573695 THB
Example: convert 15 CUP to THB:
15 CUP = 15 × 0.745050073573695 THB = 11.1757511036054 THB
Cuban Peso to Thai Baht Conversion Table
| Cuban Peso | Thai Baht |
|---|
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.
Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.