Cuban peso

The Cuban peso is the currency of Cuba (CU)
1 CUP = 0.063 AUD
1 AUD = 15.807 CUP
1 CUP = 52.465 ARS
1 ARS = 0.019 CUP
1 CUP = 124.068 BIF
1 BIF = 0.008 CUP
1 CUP = 0.016 BHD
1 BHD = 63.798 CUP
1 CUP = 0.288 BOB
1 BOB = 3.473 CUP
1 CUP = 0.071 AZN
1 AZN = 14.111 CUP
1 CUP = 3.601 BTN
1 BTN = 0.278 CUP
1 CUP = 21.054 CRC
1 CRC = 0.047 CUP
1 CUP = 0.871 CZK
1 CZK = 1.148 CUP
1 CUP = 0.298 CNY
1 CNY = 3.351 CUP
1 CUP = 0.265 DKK
1 DKK = 3.780 CUP
1 CUP = 5.711 ETB
1 ETB = 0.175 CUP
1 CUP = 361.511 GNF
1 GNF = 0.003 CUP
1 CUP = 0.267 HRK
1 HRK = 3.745 CUP
1 CUP = 678.731 IDR
1 IDR = 0.001 CUP
1 CUP = 6.678 JMD
1 JMD = 0.150 CUP
1 CUP = 3.647 KGS
1 KGS = 0.274 CUP
1 CUP = 0.069 BAM
1 BAM = 14.426 CUP
1 CUP = 0.075 ANG
1 ANG = 13.320 CUP
1 CUP = 0.580 BWP
1 BWP = 1.723 CUP
1 CUP = 0.053 BND
1 BND = 18.780 CUP
1 CUP = 121.311 CDF
1 CDF = 0.008 CUP
1 CUP = 0.084 BZD
1 BZD = 11.927 CUP
1 CUP = 1365.258 BYR
1 BYR = 0.001 CUP
1 CUP = 0.069 BGN
1 BGN = 14.426 CUP
1 CUP = 0.057 CAD
1 CAD = 17.621 CUP
1 CUP = 5.404 DZD
1 DZD = 0.185 CUP
1 CUP = 0.625 ERN
1 ERN = 1.599 CUP
1 CUP = 2.046 EGP
1 EGP = 0.489 CUP
1 CUP = 0.093 FJD
1 FJD = 10.718 CUP
1 CUP = 0.031 GBP
1 GBP = 32.554 CUP
1 CUP = 0.031 FKP
1 FKP = 32.554 CUP
1 CUP = 0.320 GTQ
1 GTQ = 3.126 CUP
1 CUP = 0.327 HKD
1 HKD = 3.056 CUP
1 CUP = 14.120 HUF
1 HUF = 0.071 CUP
1 CUP = 54.596 IQD
1 IQD = 0.018 CUP
1 CUP = 1751.988 IRR
1 IRR = 0.001 CUP
1 CUP = 17.436 KMF
1 KMF = 0.057 CUP
1 CUP = 57.350 KRW
1 KRW = 0.017 CUP
1 CUP = 3.461 ALL
1 ALL = 0.289 CUP
1 CUP = 5.078 BDT
1 BDT = 0.197 CUP
1 CUP = 0.075 AWG
1 AWG = 13.401 CUP
1 CUP = 0.230 BRL
1 BRL = 4.343 CUP
1 CUP = 0.000 BCH
1 BCH = 12189.024 CUP
1 CUP = 0.000 BTC
1 BTC = 2998500.000 CUP
1 CUP = 0.153 AED
1 AED = 6.532 CUP
1 CUP = 38.141 AOA
1 AOA = 0.026 CUP
1 CUP = 0.042 BSD
1 BSD = 23.988 CUP
1 CUP = 39.569 CLP
1 CLP = 0.025 CUP
1 CUP = 0.137 BYN
1 BYN = 7.325 CUP
1 CUP = 168.438 COP
1 COP = 0.006 CUP
1 CUP = 1.000 CUP
1 CUP = 1.000 CUP
1 CUP = 0.000 ETH
1 ETH = 85978.495 CUP
1 CUP = 0.035 EUR
1 EUR = 28.216 CUP
1 CUP = 1.092 HNL
1 HNL = 0.916 CUP
1 CUP = 3.011 GMD
1 GMD = 0.332 CUP
1 CUP = 0.031 GIP
1 GIP = 32.554 CUP
1 CUP = 5.468 HTG
1 HTG = 0.183 CUP
1 CUP = 0.030 JOD
1 JOD = 33.834 CUP
1 CUP = 6.108 JPY
1 JPY = 0.164 CUP
1 CUP = 2.879 AFN
1 AFN = 0.347 CUP
1 CUP = 0.083 BBD
1 BBD = 11.994 CUP
1 CUP = 0.042 BMD
1 BMD = 23.988 CUP
1 CUP = 15.965 AMD
1 AMD = 0.063 CUP
1 CUP = 0.033 CHF
1 CHF = 30.221 CUP
1 CUP = 7.413 DJF
1 DJF = 0.135 CUP
1 CUP = 2.519 DOP
1 DOP = 0.397 CUP
1 CUP = 3.908 CVE
1 CVE = 0.256 CUP
1 CUP = 0.113 GEL
1 GEL = 8.857 CUP
1 CUP = 0.435 GHS
1 GHS = 2.296 CUP
1 CUP = 8.719 GYD
1 GYD = 0.115 CUP
1 CUP = 0.139 ILS
1 ILS = 7.203 CUP
1 CUP = 3.601 INR
1 INR = 0.278 CUP
1 CUP = 5.040 ISK
1 ISK = 0.198 CUP
1 CUP = 167.327 KHR
1 KHR = 0.006 CUP
1 CUP = 5.392 KES
1 KES = 0.185 CUP
1 CUP = 0.013 KWD
1 KWD = 78.613 CUP
1 CUP = 22.460 KZT
1 KZT = 0.045 CUP
1 CUP = 12.574 LKR
1 LKR = 0.080 CUP
1 CUP = 0.375 MAD
1 MAD = 2.668 CUP
1 CUP = 87.505 MMK
1 MMK = 0.011 CUP
1 CUP = 149.601 MNT
1 MNT = 0.007 CUP
1 CUP = 1.894 MUR
1 MUR = 0.528 CUP
1 CUP = 16.558 MRO
1 MRO = 0.060 CUP
1 CUP = 0.644 MVR
1 MVR = 1.554 CUP
1 CUP = 72.337 MWK
1 MWK = 0.014 CUP
1 CUP = 0.069 NZD
1 NZD = 14.483 CUP
1 CUP = 5.764 NPR
1 NPR = 0.173 CUP
1 CUP = 2.366 PHP
1 PHP = 0.423 CUP
1 CUP = 11.877 PKR
1 PKR = 0.084 CUP
1 CUP = 60.051 RWF
1 RWF = 0.017 CUP
1 CUP = 0.000 LTC
1 LTC = 2713.268 CUP
1 CUP = 0.774 MXN
1 MXN = 1.293 CUP
1 CUP = 1.532 NIO
1 NIO = 0.653 CUP
1 CUP = 0.180 RON
1 RON = 5.563 CUP
1 CUP = 37.518 KPW
1 KPW = 0.027 CUP
1 CUP = 0.035 KYD
1 KYD = 28.852 CUP
1 CUP = 3743.672 LBP
1 LBP = 0.000 CUP
1 CUP = 0.226 LYD
1 LYD = 4.418 CUP
1 CUP = 897.565 LAK
1 LAK = 0.001 CUP
1 CUP = 183.722 MGA
1 MGA = 0.005 CUP
1 CUP = 8.360 LRD
1 LRD = 0.120 CUP
1 CUP = 2.192 MKD
1 MKD = 0.456 CUP
1 CUP = 0.731 LSL
1 LSL = 1.368 CUP
1 CUP = 0.337 MOP
1 MOP = 2.967 CUP
1 CUP = 0.706 MDL
1 MDL = 1.417 CUP
1 CUP = 0.731 NAD
1 NAD = 1.368 CUP
1 CUP = 0.176 MYR
1 MYR = 5.672 CUP
1 CUP = 0.016 OMR
1 OMR = 62.339 CUP
1 CUP = 63.827 NGN
1 NGN = 0.016 CUP
1 CUP = 0.175 PGK
1 PGK = 5.713 CUP
1 CUP = 0.042 PAB
1 PAB = 23.988 CUP
1 CUP = 0.148 PEN
1 PEN = 6.745 CUP
1 CUP = 0.422 NOK
1 NOK = 2.371 CUP
1 CUP = 0.151 PLN
1 PLN = 6.632 CUP
1 CUP = 322.793 PYG
1 PYG = 0.003 CUP
1 CUP = 0.152 QAR
1 QAR = 6.590 CUP
1 CUP = 0.354 SBD
1 SBD = 2.822 CUP
1 CUP = 0.156 SAR
1 SAR = 6.397 CUP
1 CUP = 0.053 SGD
1 SGD = 18.780 CUP
1 CUP = 947.766 SLL
1 SLL = 0.001 CUP
1 CUP = 1.342 THB
1 THB = 0.745 CUP
1 CUP = 1.221 TWD
1 TWD = 0.819 CUP
1 CUP = 1.743 UAH
1 UAH = 0.574 CUP
1 CUP = 149.649 UGX
1 UGX = 0.007 CUP
1 CUP = 1.520 SRD
1 SRD = 0.658 CUP
1 CUP = 876.859 STD
1 STD = 0.001 CUP
1 CUP = 1.687 TRY
1 TRY = 0.593 CUP
1 CUP = 0.283 TTD
1 TTD = 3.533 CUP
1 CUP = 0.100 TOP
1 TOP = 9.960 CUP
1 CUP = 529.898 UZS
1 UZS = 0.002 CUP
1 CUP = 10.046 YER
1 YER = 0.100 CUP
1 CUP = 0.731 ZAR
1 ZAR = 1.368 CUP
1 CUP = 4.152 RSD
1 RSD = 0.241 CUP
1 CUP = 3.268 RUB
1 RUB = 0.306 CUP
1 CUP = 23.770 SOS
1 SOS = 0.042 CUP
1 CUP = 0.365 SVC
1 SVC = 2.741 CUP
1 CUP = 542.046 SYP
1 SYP = 0.002 CUP
1 CUP = 0.731 SZL
1 SZL = 1.368 CUP
1 CUP = 0.120 TND
1 TND = 8.358 CUP
1 CUP = 1.667 UYU
1 UYU = 0.600 CUP
1 CUP = 1090.875 VND
1 VND = 0.001 CUP
1 CUP = 4.996 VUV
1 VUV = 0.200 CUP
1 CUP = 0.115 WST
1 WST = 8.727 CUP
1 CUP = 23.248 XAF
1 XAF = 0.043 CUP
1 CUP = 0.113 XCD
1 XCD = 8.863 CUP
1 CUP = 0.592 SCR
1 SCR = 1.690 CUP
1 CUP = 0.397 SEK
1 SEK = 2.521 CUP
1 CUP = 0.031 SHP
1 SHP = 32.554 CUP
1 CUP = 107.858 TZS
1 TZS = 0.009 CUP
1 CUP = 0.042 USD
1 USD = 23.988 CUP
1 CUP = 4.229 XPF
1 XPF = 0.236 CUP
1 CUP = 23.248 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.