INFORMATION ABOUT CUBAN PESO
We show the updated today’s value/price of Cuban peso (CUP).You can get the exchange from Cuban peso to another currency by introducing the value or amount of Cuban peso (CUP) in the box and clicking the convert button. This way you can get the Cuban peso’s price in relation to other currencies.
INTRODUCTION TO THE CUBAN PESO
The Cuban peso is the legal tender of Cuba. It is one of the official currencies of Cuba along with the Cuban convertible peso (CUC). Since 1994, the Cuban peso is not accepted in the payment of products and services, being replaced by the Cuban convertible peso. It is used by approximately 11 million two hundred thousand people. You can check the today value of the Cuban peso and check its price.
The Cuban peso (CUP) would unify to the Cuban convertible peso (CUC) to gradually retire this last one, as announced by the Cuban Government in 2013.
The Banco Central de Cuba is an organization created in 1997 which functions are: issuing national currency and ensure its stability, contribute to macroeconomic balance and orderly development of economy, guard the international reserves of the country, propose and implement a monetary policy that allows achieve the economical goals of the country, ensure the normal functioning of internal and external payments, exercise functions related to discipline and supervision of financial institutions.
Countries that use the currency: Cuba
Name: CUBAN PESO
Bills: $1, $3, $5, $10, $20, $50, $100.
Coins: cent 1/100 of one peso. 1 ¢, 2 ¢, 5 ¢, 20 ¢, 25 ¢. $ 1, $ 3
Issuing Agent: Banco Central de Cuba Web: http://www.bc.gob.cu/