Convert Czech Republic Koruna to Cuban Convertible Peso
Please provide values below to convert Czech Republic Koruna [CZK] to Cuban Convertible Peso [CUC], or Convert Cuban Convertible Peso to Czech Republic Koruna.
How to Convert Czech Republic Koruna to Cuban Convertible Peso
1 CZK = 20.997 CUC
Example: convert 15 CZK to CUC:
15 CZK = 15 × 20.997 CUC = 314.955 CUC
Czech Republic Koruna to Cuban Convertible Peso Conversion Table
| Czech Republic Koruna | Cuban Convertible Peso |
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Czech Republic Koruna
The Czech Republic Koruna (CZK) is the official currency of the Czech Republic, used for all monetary transactions within the country.
History/Origin
The Koruna was introduced in 1993 following the dissolution of Czechoslovakia, replacing the Czechoslovak koruna at par. It has undergone various reforms and decimalization over the years.
Current Use
The CZK is widely used in everyday transactions, banking, and international trade within the Czech Republic. It is also accepted in some neighboring regions and is actively traded on the foreign exchange market.
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.