Convert Cuban Convertible Peso to Qatari Rial
Please provide values below to convert Cuban Convertible Peso [CUC] to Qatari Rial [QAR], or Convert Qatari Rial to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Qatari Rial
1 CUC = 0.274725274725275 QAR
Example: convert 15 CUC to QAR:
15 CUC = 15 × 0.274725274725275 QAR = 4.12087912087912 QAR
Cuban Convertible Peso to Qatari Rial Conversion Table
| Cuban Convertible Peso | Qatari Rial |
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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.
Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.