Convert Indonesian Rupiah to Cuban Peso
Please provide values below to convert Indonesian Rupiah [IDR] to Cuban Peso [CUP], or Convert Cuban Peso to Indonesian Rupiah.
How to Convert Indonesian Rupiah to Cuban Peso
1 IDR = 678.66405 CUP
Example: convert 15 IDR to CUP:
15 IDR = 15 × 678.66405 CUP = 10179.96075 CUP
Indonesian Rupiah to Cuban Peso Conversion Table
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Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Rupiah was introduced in 1946 to replace the Dutch East Indies gulden. It has undergone various reforms and redenominations over the years, especially following Indonesia's independence and economic changes, to stabilize the economy and control inflation.
Current Use
Today, the Rupiah is widely used across Indonesia for all forms of financial transactions, including cash payments, banking, and digital transactions. It remains the official legal tender of Indonesia.
Cuban Peso
The Cuban Peso (CUP) is the official currency of Cuba, used for everyday transactions within the country.
History/Origin
The Cuban Peso has been the official currency of Cuba since 1960, replacing the Cuban peso convertible (CUC) as the primary currency after the monetary reforms. It has undergone various changes in value and design over the years, reflecting Cuba's economic policies and relations.
Current Use
Today, the Cuban Peso is used mainly for domestic transactions, while the CUC is used for tourism and foreign trade. The CUP remains an essential part of Cuba's monetary system, with recent reforms aiming to unify the currency system.