Convert Cuban Convertible Peso to Chilean Peso
Please provide values below to convert Cuban Convertible Peso [CUC] to Chilean Peso [CLP], or Convert Chilean Peso to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Chilean Peso
1 CUC = 0.00104778913872257 CLP
Example: convert 15 CUC to CLP:
15 CUC = 15 × 0.00104778913872257 CLP = 0.0157168370808385 CLP
Cuban Convertible Peso to Chilean Peso Conversion Table
| Cuban Convertible Peso | Chilean Peso |
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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.
Chilean Peso
The Chilean Peso (CLP) is the official currency of Chile, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Chilean Peso was introduced in 1975, replacing the Chilean Escudo, as part of monetary reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Chilean Peso remains the official currency of Chile, widely used in all financial transactions, banking, and commerce across the country.