Convert Guyanaese Dollar to Cuban Convertible Peso
Please provide values below to convert Guyanaese Dollar [GYD] to Cuban Convertible Peso [CUC], or Convert Cuban Convertible Peso to Guyanaese Dollar.
How to Convert Guyanaese Dollar to Cuban Convertible Peso
1 GYD = 209.2911 CUC
Example: convert 15 GYD to CUC:
15 GYD = 15 × 209.2911 CUC = 3139.3665 CUC
Guyanaese Dollar to Cuban Convertible Peso Conversion Table
Guyanaese Dollar | Cuban Convertible Peso |
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Guyanaese Dollar
The Guyanese Dollar (GYD) is the official currency of Guyana, used for all monetary transactions within the country.
History/Origin
The Guyanese Dollar was introduced in 1957, replacing the British West Indian dollar, and has undergone various redenominations and economic reforms since then.
Current Use
The GYD is widely used in Guyana for everyday transactions, banking, and trade, and is also accepted in some neighboring regions.
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.