Convert Cuban Convertible Peso to Salvadoran Colón
Please provide values below to convert Cuban Convertible Peso [CUC] to Salvadoran Colón [SVC], or Convert Salvadoran Colón to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Salvadoran Colón
1 CUC = 0.114424920374559 SVC
Example: convert 15 CUC to SVC:
15 CUC = 15 × 0.114424920374559 SVC = 1.71637380561838 SVC
Cuban Convertible Peso to Salvadoran Colón Conversion Table
| Cuban Convertible Peso | Salvadoran Colón |
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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.
Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.