Convert Cuban Convertible Peso to Surinamese Dollar
Please provide values below to convert Cuban Convertible Peso [CUC] to Surinamese Dollar [SRD], or Convert Surinamese Dollar to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Surinamese Dollar
1 CUC = 0.0270781095147061 SRD
Example: convert 15 CUC to SRD:
15 CUC = 15 × 0.0270781095147061 SRD = 0.406171642720592 SRD
Cuban Convertible Peso to Surinamese Dollar Conversion Table
| Cuban Convertible Peso | Surinamese Dollar |
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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.
Surinamese Dollar
The Surinamese Dollar (SRD) is the official currency of Suriname, used for everyday transactions and financial exchanges within the country.
History/Origin
The Surinamese Dollar was introduced in 2004, replacing the Surinamese Guilder at a rate of 1 SRD = 100 Guilder, to stabilize the economy and modernize the currency system.
Current Use
Today, the Surinamese Dollar is widely used in Suriname for all forms of payment, including cash transactions, banking, and electronic payments.