Convert Iraqi Dinar to Cuban Peso
Please provide values below to convert Iraqi Dinar [IQD] to Cuban Peso [CUP], or Convert Cuban Peso to Iraqi Dinar.
How to Convert Iraqi Dinar to Cuban Peso
1 IQD = 54.5688583333333 CUP
Example: convert 15 IQD to CUP:
15 IQD = 15 × 54.5688583333333 CUP = 818.532875 CUP
Iraqi Dinar to Cuban Peso Conversion Table
| Iraqi Dinar | Cuban Peso |
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Iraqi Dinar
The Iraqi Dinar (IQD) is the official currency of Iraq, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Iraqi Dinar was introduced in 1932, replacing the Indian Rupee, and has undergone various redenominations and reforms, especially following periods of economic instability and conflict.
Current Use
Today, the IQD is the official currency of Iraq, used in all financial transactions, with the Central Bank of Iraq managing its issuance and regulation.
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.