Convert Cuban Convertible Peso to Romanian Leu
Please provide values below to convert Cuban Convertible Peso [CUC] to Romanian Leu [RON], or Convert Romanian Leu to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Romanian Leu
1 CUC = 0.230755030459664 RON
Example: convert 15 CUC to RON:
15 CUC = 15 × 0.230755030459664 RON = 3.46132545689496 RON
Cuban Convertible Peso to Romanian Leu Conversion Table
| Cuban Convertible Peso | Romanian Leu |
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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.
Romanian Leu
The Romanian Leu (RON) is the official currency of Romania, used for all monetary transactions within the country.
History/Origin
The Leu was first introduced in 1867, replaced by the Romanian Leu in 1952 after a currency reform, and has undergone several redenominations, with the current form established in 2005 to stabilize the economy.
Current Use
The RON is actively used as Romania's primary currency for everyday transactions, banking, and international trade, with coins and banknotes issued by the National Bank of Romania.