Convert Russian Ruble to Cuban Convertible Peso
Please provide values below to convert Russian Ruble [RUB] to Cuban Convertible Peso [CUC], or Convert Cuban Convertible Peso to Russian Ruble.
How to Convert Russian Ruble to Cuban Convertible Peso
1 RUB = 78.4104 CUC
Example: convert 15 RUB to CUC:
15 RUB = 15 × 78.4104 CUC = 1176.156 CUC
Russian Ruble to Cuban Convertible Peso Conversion Table
| Russian Ruble | Cuban Convertible Peso |
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Russian Ruble
The Russian Ruble (RUB) is the official currency of Russia, used for everyday transactions and financial exchanges within the country.
History/Origin
The Ruble has been the currency of Russia for centuries, with origins dating back to the 13th century. It has undergone various reforms and redenominations, most notably after the Soviet Union's dissolution in 1991, establishing the modern RUB as the national currency.
Current Use
Today, the Russian Ruble is widely used throughout Russia for all forms of payment, including cash, electronic transfers, and banking transactions. It is also traded on international currency markets.
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.