Convert Solomon Islands Dollar to Cuban Convertible Peso
Please provide values below to convert Solomon Islands Dollar [SBD] to Cuban Convertible Peso [CUC], or Convert Cuban Convertible Peso to Solomon Islands Dollar.
How to Convert Solomon Islands Dollar to Cuban Convertible Peso
1 SBD = 8.2405 CUC
Example: convert 15 SBD to CUC:
15 SBD = 15 × 8.2405 CUC = 123.6075 CUC
Solomon Islands Dollar to Cuban Convertible Peso Conversion Table
| Solomon Islands Dollar | Cuban Convertible Peso |
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Solomon Islands Dollar
The Solomon Islands Dollar (SBD) is the official currency of the Solomon Islands, used for all monetary transactions within the country.
History/Origin
The Solomon Islands Dollar was introduced in 1977, replacing the Australian dollar at par, to establish a distinct national currency following independence from British rule.
Current Use
The SBD is widely used in the Solomon Islands for everyday transactions, banking, and trade, and is pegged to a basket of currencies to maintain stability.
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.