Convert Libyan Dinar to Cuban Convertible Peso
Please provide values below to convert Libyan Dinar [LYD] to Cuban Convertible Peso [CUC], or Convert Cuban Convertible Peso to Libyan Dinar.
How to Convert Libyan Dinar to Cuban Convertible Peso
1 LYD = 5.428 CUC
Example: convert 15 LYD to CUC:
15 LYD = 15 × 5.428 CUC = 81.42 CUC
Libyan Dinar to Cuban Convertible Peso Conversion Table
| Libyan Dinar | Cuban Convertible Peso |
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Libyan Dinar
The Libyan Dinar (LYD) is the official currency of Libya, used for all monetary transactions within the country.
History/Origin
The Libyan Dinar was introduced in 1971, replacing the Libyan Pound at par, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the LYD is actively used in Libya for everyday transactions, banking, and international trade, with the Central Bank of Libya managing its issuance and regulation.
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.