Convert Cuban Peso to Kyrgystani Som
Please provide values below to convert Cuban Peso [CUP] to Kyrgystani Som [KGS], or Convert Kyrgystani Som to Cuban Peso.
How to Convert Cuban Peso to Kyrgystani Som
1 CUP = 0.274922907034819 KGS
Example: convert 15 CUP to KGS:
15 CUP = 15 × 0.274922907034819 KGS = 4.12384360552228 KGS
Cuban Peso to Kyrgystani Som Conversion Table
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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.
Kyrgystani Som
The Kyrgystani Som (KGS) is the official currency of Kyrgyzstan, used for all monetary transactions within the country.
History/Origin
The Som was introduced in 1993, replacing the Soviet ruble, as part of Kyrgyzstan's independence and economic transition to establish a national currency.
Current Use
The Kyrgystani Som is actively used in everyday transactions, banking, and financial markets within Kyrgyzstan, with ongoing efforts to stabilize and modernize its economy.