Cuban peso

The Cuban peso is the currency of Cuba (CU)
1 CUP = 0.059 AUD
1 AUD = 16.985 CUP
1 CUP = 32.955 ARS
1 ARS = 0.030 CUP
1 CUP = 111.021 BIF
1 BIF = 0.009 CUP
1 CUP = 0.015 BHD
1 BHD = 68.317 CUP
1 CUP = 0.268 BOB
1 BOB = 3.728 CUP
1 CUP = 0.066 AZN
1 AZN = 15.147 CUP
1 CUP = 3.214 BTN
1 BTN = 0.311 CUP
1 CUP = 19.861 CRC
1 CRC = 0.050 CUP
1 CUP = 0.900 CZK
1 CZK = 1.111 CUP
1 CUP = 0.279 CNY
1 CNY = 3.586 CUP
1 CUP = 0.265 DKK
1 DKK = 3.768 CUP
1 CUP = 2.204 ETB
1 ETB = 0.454 CUP
1 CUP = 333.713 GNF
1 GNF = 0.003 CUP
1 CUP = 0.268 HRK
1 HRK = 3.728 CUP
1 CUP = 603.538 IDR
1 IDR = 0.002 CUP
1 CUP = 6.026 JMD
1 JMD = 0.166 CUP
1 CUP = 3.473 KGS
1 KGS = 0.288 CUP
1 CUP = 0.069 BAM
1 BAM = 14.398 CUP
1 CUP = 0.070 ANG
1 ANG = 14.291 CUP
1 CUP = 0.527 BWP
1 BWP = 1.898 CUP
1 CUP = 0.052 BND
1 BND = 19.354 CUP
1 CUP = 107.741 CDF
1 CDF = 0.009 CUP
1 CUP = 0.078 BZD
1 BZD = 12.778 CUP
1 CUP = 1267.938 BYR
1 BYR = 0.001 CUP
1 CUP = 0.069 BGN
1 BGN = 14.393 CUP
1 CUP = 0.052 CAD
1 CAD = 19.063 CUP
1 CUP = 5.221 DZD
1 DZD = 0.192 CUP
1 CUP = 0.583 ERN
1 ERN = 1.717 CUP
1 CUP = 1.895 EGP
1 EGP = 0.528 CUP
1 CUP = 0.087 FJD
1 FJD = 11.533 CUP
1 CUP = 0.030 GBP
1 GBP = 32.860 CUP
1 CUP = 0.030 FKP
1 FKP = 32.860 CUP
1 CUP = 0.303 GTQ
1 GTQ = 3.298 CUP
1 CUP = 0.304 HKD
1 HKD = 3.291 CUP
1 CUP = 14.185 HUF
1 HUF = 0.070 CUP
1 CUP = 50.861 IQD
1 IQD = 0.020 CUP
1 CUP = 1632.524 IRR
1 IRR = 0.001 CUP
1 CUP = 17.497 KMF
1 KMF = 0.057 CUP
1 CUP = 50.979 KRW
1 KRW = 0.020 CUP
1 CUP = 3.691 ALL
1 ALL = 0.271 CUP
1 CUP = 4.261 BDT
1 BDT = 0.235 CUP
1 CUP = 0.070 AWG
1 AWG = 14.306 CUP
1 CUP = 0.193 BRL
1 BRL = 5.168 CUP
1 CUP = 0.000 BCH
1 BCH = 11013.687 CUP
1 CUP = 0.000 BTC
1 BTC = 1839285.714 CUP
1 CUP = 0.143 AED
1 AED = 7.011 CUP
1 CUP = 32.391 AOA
1 AOA = 0.031 CUP
1 CUP = 0.039 BSD
1 BSD = 25.750 CUP
1 CUP = 37.424 CLP
1 CLP = 0.027 CUP
1 CUP = 0.127 BYN
1 BYN = 7.871 CUP
1 CUP = 151.948 COP
1 COP = 0.007 CUP
1 CUP = 1.000 CUP
1 CUP = 1.000 CUP
1 CUP = 0.000 ETH
1 ETH = 103413.655 CUP
1 CUP = 0.036 EUR
1 EUR = 28.096 CUP
1 CUP = 0.959 HNL
1 HNL = 1.043 CUP
1 CUP = 2.640 GMD
1 GMD = 0.379 CUP
1 CUP = 0.030 GIP
1 GIP = 32.860 CUP
1 CUP = 5.148 HTG
1 HTG = 0.194 CUP
1 CUP = 0.028 JOD
1 JOD = 36.324 CUP
1 CUP = 5.740 JPY
1 JPY = 0.174 CUP
1 CUP = 2.754 AFN
1 AFN = 0.363 CUP
1 CUP = 0.078 BBD
1 BBD = 12.875 CUP
1 CUP = 0.039 BMD
1 BMD = 25.750 CUP
1 CUP = 15.638 AMD
1 AMD = 0.064 CUP
1 CUP = 0.034 CHF
1 CHF = 29.299 CUP
1 CUP = 6.914 DJF
1 DJF = 0.145 CUP
1 CUP = 2.295 DOP
1 DOP = 0.436 CUP
1 CUP = 3.915 CVE
1 CVE = 0.255 CUP
1 CUP = 0.103 GEL
1 GEL = 9.699 CUP
1 CUP = 0.498 GHS
1 GHS = 2.009 CUP
1 CUP = 8.131 GYD
1 GYD = 0.123 CUP
1 CUP = 0.142 ILS
1 ILS = 7.038 CUP
1 CUP = 3.215 INR
1 INR = 0.311 CUP
1 CUP = 5.293 ISK
1 ISK = 0.189 CUP
1 CUP = 157.237 KHR
1 KHR = 0.006 CUP
1 CUP = 5.398 KES
1 KES = 0.185 CUP
1 CUP = 0.012 KWD
1 KWD = 83.824 CUP
1 CUP = 17.423 KZT
1 KZT = 0.057 CUP
1 CUP = 11.926 LKR
1 LKR = 0.084 CUP
1 CUP = 0.390 MAD
1 MAD = 2.566 CUP
1 CUP = 81.534 MMK
1 MMK = 0.012 CUP
1 CUP = 133.981 MNT
1 MNT = 0.007 CUP
1 CUP = 1.778 MUR
1 MUR = 0.562 CUP
1 CUP = 15.438 MRO
1 MRO = 0.065 CUP
1 CUP = 0.598 MVR
1 MVR = 1.672 CUP
1 CUP = 65.355 MWK
1 MWK = 0.015 CUP
1 CUP = 0.063 NZD
1 NZD = 15.827 CUP
1 CUP = 5.142 NPR
1 NPR = 0.194 CUP
1 CUP = 2.152 PHP
1 PHP = 0.465 CUP
1 CUP = 10.838 PKR
1 PKR = 0.092 CUP
1 CUP = 49.831 RWF
1 RWF = 0.020 CUP
1 CUP = 0.000 LTC
1 LTC = 2499.515 CUP
1 CUP = 0.654 MXN
1 MXN = 1.530 CUP
1 CUP = 1.429 NIO
1 NIO = 0.700 CUP
1 CUP = 0.177 RON
1 RON = 5.656 CUP
1 CUP = 34.951 KPW
1 KPW = 0.029 CUP
1 CUP = 0.032 KYD
1 KYD = 30.906 CUP
1 CUP = 3476.773 LBP
1 LBP = 0.000 CUP
1 CUP = 0.187 LYD
1 LYD = 5.359 CUP
1 CUP = 810.276 LAK
1 LAK = 0.001 CUP
1 CUP = 174.745 MGA
1 MGA = 0.006 CUP
1 CUP = 7.441 LRD
1 LRD = 0.134 CUP
1 CUP = 2.193 MKD
1 MKD = 0.456 CUP
1 CUP = 0.721 LSL
1 LSL = 1.387 CUP
1 CUP = 0.313 MOP
1 MOP = 3.196 CUP
1 CUP = 0.682 MDL
1 MDL = 1.467 CUP
1 CUP = 0.721 NAD
1 NAD = 1.387 CUP
1 CUP = 0.182 MYR
1 MYR = 5.505 CUP
1 CUP = 0.015 OMR
1 OMR = 66.888 CUP
1 CUP = 61.172 NGN
1 NGN = 0.016 CUP
1 CUP = 0.148 PGK
1 PGK = 6.744 CUP
1 CUP = 0.039 PAB
1 PAB = 25.750 CUP
1 CUP = 0.143 PEN
1 PEN = 6.979 CUP
1 CUP = 0.408 NOK
1 NOK = 2.448 CUP
1 CUP = 0.153 PLN
1 PLN = 6.551 CUP
1 CUP = 283.048 PYG
1 PYG = 0.004 CUP
1 CUP = 0.142 QAR
1 QAR = 7.063 CUP
1 CUP = 0.328 SBD
1 SBD = 3.052 CUP
1 CUP = 0.146 SAR
1 SAR = 6.866 CUP
1 CUP = 0.052 SGD
1 SGD = 19.319 CUP
1 CUP = 814.350 SLL
1 SLL = 0.001 CUP
1 CUP = 1.388 THB
1 THB = 0.721 CUP
1 CUP = 1.222 TWD
1 TWD = 0.818 CUP
1 CUP = 1.495 UAH
1 UAH = 0.669 CUP
1 CUP = 151.731 UGX
1 UGX = 0.007 CUP
1 CUP = 1.373 SRD
1 SRD = 0.728 CUP
1 CUP = 865.313 STD
1 STD = 0.001 CUP
1 CUP = 1.245 TRY
1 TRY = 0.803 CUP
1 CUP = 0.264 TTD
1 TTD = 3.791 CUP
1 CUP = 0.092 TOP
1 TOP = 10.905 CUP
1 CUP = 486.629 UZS
1 UZS = 0.002 CUP
1 CUP = 9.720 YER
1 YER = 0.103 CUP
1 CUP = 0.727 ZAR
1 ZAR = 1.376 CUP
1 CUP = 4.172 RSD
1 RSD = 0.240 CUP
1 CUP = 3.547 RUB
1 RUB = 0.282 CUP
1 CUP = 22.190 SOS
1 SOS = 0.045 CUP
1 CUP = 0.340 SVC
1 SVC = 2.944 CUP
1 CUP = 97.574 SYP
1 SYP = 0.010 CUP
1 CUP = 0.721 SZL
1 SZL = 1.387 CUP
1 CUP = 0.120 TND
1 TND = 8.316 CUP
1 CUP = 1.508 UYU
1 UYU = 0.663 CUP
1 CUP = 957.351 VND
1 VND = 0.001 CUP
1 CUP = 4.610 VUV
1 VUV = 0.217 CUP
1 CUP = 0.109 WST
1 WST = 9.196 CUP
1 CUP = 23.347 XAF
1 XAF = 0.043 CUP
1 CUP = 0.105 XCD
1 XCD = 9.528 CUP
1 CUP = 0.522 SCR
1 SCR = 1.917 CUP
1 CUP = 0.398 SEK
1 SEK = 2.512 CUP
1 CUP = 0.030 SHP
1 SHP = 32.860 CUP
1 CUP = 99.005 TZS
1 TZS = 0.010 CUP
1 CUP = 0.039 USD
1 USD = 25.750 CUP
1 CUP = 4.247 XPF
1 XPF = 0.235 CUP
1 CUP = 23.347 XOF
1 XOF = 0.043 CUP

Evolution of the CUP Exchange Rate

The Cuban peso (CUP) has had a relatively stable exchange rate over the years. From the 1960s to the early 1990s, the exchange rate was fixed at 1 CUP to 1 USD. However, in the 1990s, due to economic reforms and the collapse of the Soviet Union, the CUP underwent a devaluation, resulting in a dual currency system in Cuba.

Variations in the CUP Exchange Rate

Since the introduction of the dual currency system, the CUP has had two exchange rates. The official rate, also known as the "Cuban Convertible Peso" (CUC), has remained relatively stable at 1 CUC to 1 USD. On the other hand, the CUP exchange rate in the informal or black market has experienced fluctuations and devaluations, largely due to limited access and demand for CUP in international markets.

Significance of CUP in the Global Economy

The CUP has limited significance in the global economy as it is not freely traded or widely accepted outside of Cuba. The currency is mainly used for domestic transactions within the country, while the CUC is used for international trade and tourism. However, the importance of the CUP lies in its role as the primary currency for local Cubans, including government salaries, housing, and basic goods and services.

Shocks Experienced by CUP and Correlation with Other Currencies

The CUP has been affected by external shocks, such as changes in global commodity prices and economic sanctions imposed by the United States. These shocks have led to fluctuations and devaluations of the CUP in the informal market. However, due to its limited integration with the global financial system, the correlation of the CUP with other currencies is relatively low.