Convert Bahraini Dinar to Cuban Peso
Please provide values below to convert Bahraini Dinar [BHD] to Cuban Peso [CUP], or Convert Cuban Peso to Bahraini Dinar.
How to Convert Bahraini Dinar to Cuban Peso
1 BHD = 0.0156666666666667 CUP
Example: convert 15 BHD to CUP:
15 BHD = 15 × 0.0156666666666667 CUP = 0.235 CUP
Bahraini Dinar to Cuban Peso Conversion Table
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Bahraini Dinar
The Bahraini Dinar (BHD) is the official currency of Bahrain, used for all monetary transactions within the country.
History/Origin
The Bahraini Dinar was introduced in 1965, replacing the Gulf rupee at par, and has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
The BHD is widely used in Bahrain for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.
Cuban Peso
The Cuban Peso (CUP) is the official currency of Cuba, used for everyday transactions within the country.
History/Origin
The Cuban Peso has been the official currency of Cuba since 1960, replacing the Cuban peso convertible (CUC) as the primary currency after the monetary reforms. It has undergone various changes in value and design over the years, reflecting Cuba's economic policies and relations.
Current Use
Today, the Cuban Peso is used mainly for domestic transactions, while the CUC is used for tourism and foreign trade. The CUP remains an essential part of Cuba's monetary system, with recent reforms aiming to unify the currency system.