Convert Cuban Peso to Salvadoran Colón
Please provide values below to convert Cuban Peso [CUP] to Salvadoran Colón [SVC], or Convert Salvadoran Colón to Cuban Peso.
How to Convert Cuban Peso to Salvadoran Colón
1 CUP = 2.7461980889894 SVC
Example: convert 15 CUP to SVC:
15 CUP = 15 × 2.7461980889894 SVC = 41.1929713348411 SVC
Cuban Peso to Salvadoran Colón Conversion Table
| Cuban Peso | Salvadoran Colón |
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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.
Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.