Convert Cuban Convertible Peso to Syrian Pound
Please provide values below to convert Cuban Convertible Peso [CUC] to Syrian Pound [SYP], or Convert Syrian Pound to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Syrian Pound
1 CUC = 7.74915916004973e-05 SYP
Example: convert 15 CUC to SYP:
15 CUC = 15 × 7.74915916004973e-05 SYP = 0.00116237387400746 SYP
Cuban Convertible Peso to Syrian Pound Conversion Table
| Cuban Convertible Peso | Syrian Pound |
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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.
Syrian Pound
The Syrian Pound (SYP) is the official currency of Syria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Syrian Pound was introduced in 1947, replacing the Syrian lira, and has undergone various devaluations and reforms due to economic challenges and conflicts in Syria.
Current Use
Today, the Syrian Pound remains the official currency of Syria, though its value is heavily affected by ongoing economic instability and sanctions, with limited use in some regions and a significant presence of foreign currencies.