Cuban peso

The Cuban peso is the currency of Cuba (CU)
1 CUP = 0.063 AUD
1 AUD = 15.756 CUP
1 CUP = 53.365 ARS
1 ARS = 0.019 CUP
1 CUP = 124.216 BIF
1 BIF = 0.008 CUP
1 CUP = 0.016 BHD
1 BHD = 63.822 CUP
1 CUP = 0.288 BOB
1 BOB = 3.475 CUP
1 CUP = 0.071 AZN
1 AZN = 14.116 CUP
1 CUP = 3.605 BTN
1 BTN = 0.277 CUP
1 CUP = 21.054 CRC
1 CRC = 0.047 CUP
1 CUP = 0.872 CZK
1 CZK = 1.147 CUP
1 CUP = 0.299 CNY
1 CNY = 3.348 CUP
1 CUP = 0.265 DKK
1 DKK = 3.775 CUP
1 CUP = 5.738 ETB
1 ETB = 0.174 CUP
1 CUP = 361.902 GNF
1 GNF = 0.003 CUP
1 CUP = 0.293 HRK
1 HRK = 3.418 CUP
1 CUP = 681.344 IDR
1 IDR = 0.001 CUP
1 CUP = 6.658 JMD
1 JMD = 0.150 CUP
1 CUP = 3.640 KGS
1 KGS = 0.275 CUP
1 CUP = 0.069 BAM
1 BAM = 14.406 CUP
1 CUP = 0.075 ANG
1 ANG = 13.324 CUP
1 CUP = 0.580 BWP
1 BWP = 1.725 CUP
1 CUP = 0.053 BND
1 BND = 18.729 CUP
1 CUP = 121.272 CDF
1 CDF = 0.008 CUP
1 CUP = 0.084 BZD
1 BZD = 11.918 CUP
1 CUP = 1363.720 BYR
1 BYR = 0.001 CUP
1 CUP = 0.069 BGN
1 BGN = 14.406 CUP
1 CUP = 0.057 CAD
1 CAD = 17.514 CUP
1 CUP = 5.396 DZD
1 DZD = 0.185 CUP
1 CUP = 0.625 ERN
1 ERN = 1.600 CUP
1 CUP = 2.046 EGP
1 EGP = 0.489 CUP
1 CUP = 0.093 FJD
1 FJD = 10.700 CUP
1 CUP = 0.031 GBP
1 GBP = 32.242 CUP
1 CUP = 0.031 FKP
1 FKP = 32.242 CUP
1 CUP = 0.320 GTQ
1 GTQ = 3.127 CUP
1 CUP = 0.327 HKD
1 HKD = 3.057 CUP
1 CUP = 14.078 HUF
1 HUF = 0.071 CUP
1 CUP = 54.618 IQD
1 IQD = 0.018 CUP
1 CUP = 1754.682 IRR
1 IRR = 0.001 CUP
1 CUP = 17.461 KMF
1 KMF = 0.057 CUP
1 CUP = 57.657 KRW
1 KRW = 0.017 CUP
1 CUP = 3.459 ALL
1 ALL = 0.289 CUP
1 CUP = 5.094 BDT
1 BDT = 0.196 CUP
1 CUP = 0.075 AWG
1 AWG = 13.406 CUP
1 CUP = 0.232 BRL
1 BRL = 4.313 CUP
1 CUP = 0.000 BCH
1 BCH = 13331.667 CUP
1 CUP = 0.000 BTC
1 BTC = 2999625.000 CUP
1 CUP = 0.153 AED
1 AED = 6.534 CUP
1 CUP = 38.366 AOA
1 AOA = 0.026 CUP
1 CUP = 0.042 BSD
1 BSD = 23.997 CUP
1 CUP = 39.987 CLP
1 CLP = 0.025 CUP
1 CUP = 0.136 BYN
1 BYN = 7.327 CUP
1 CUP = 171.792 COP
1 COP = 0.006 CUP
1 CUP = 1.000 CUP
1 CUP = 1.000 CUP
1 CUP = 0.000 ETH
1 ETH = 89876.404 CUP
1 CUP = 0.035 EUR
1 EUR = 28.176 CUP
1 CUP = 1.092 HNL
1 HNL = 0.916 CUP
1 CUP = 3.018 GMD
1 GMD = 0.331 CUP
1 CUP = 0.031 GIP
1 GIP = 32.242 CUP
1 CUP = 5.469 HTG
1 HTG = 0.183 CUP
1 CUP = 0.030 JOD
1 JOD = 33.846 CUP
1 CUP = 6.154 JPY
1 JPY = 0.163 CUP
1 CUP = 2.864 AFN
1 AFN = 0.349 CUP
1 CUP = 0.083 BBD
1 BBD = 11.999 CUP
1 CUP = 0.042 BMD
1 BMD = 23.997 CUP
1 CUP = 15.975 AMD
1 AMD = 0.063 CUP
1 CUP = 0.033 CHF
1 CHF = 30.182 CUP
1 CUP = 7.418 DJF
1 DJF = 0.135 CUP
1 CUP = 2.526 DOP
1 DOP = 0.396 CUP
1 CUP = 3.914 CVE
1 CVE = 0.256 CUP
1 CUP = 0.113 GEL
1 GEL = 8.863 CUP
1 CUP = 0.436 GHS
1 GHS = 2.294 CUP
1 CUP = 8.725 GYD
1 GYD = 0.115 CUP
1 CUP = 0.140 ILS
1 ILS = 7.157 CUP
1 CUP = 3.605 INR
1 INR = 0.277 CUP
1 CUP = 5.047 ISK
1 ISK = 0.198 CUP
1 CUP = 167.271 KHR
1 KHR = 0.006 CUP
1 CUP = 5.383 KES
1 KES = 0.186 CUP
1 CUP = 0.013 KWD
1 KWD = 78.607 CUP
1 CUP = 22.714 KZT
1 KZT = 0.044 CUP
1 CUP = 12.581 LKR
1 LKR = 0.079 CUP
1 CUP = 0.375 MAD
1 MAD = 2.666 CUP
1 CUP = 87.468 MMK
1 MMK = 0.011 CUP
1 CUP = 149.652 MNT
1 MNT = 0.007 CUP
1 CUP = 1.892 MUR
1 MUR = 0.529 CUP
1 CUP = 16.599 MRO
1 MRO = 0.060 CUP
1 CUP = 0.643 MVR
1 MVR = 1.554 CUP
1 CUP = 72.278 MWK
1 MWK = 0.014 CUP
1 CUP = 0.069 NZD
1 NZD = 14.438 CUP
1 CUP = 5.770 NPR
1 NPR = 0.173 CUP
1 CUP = 2.381 PHP
1 PHP = 0.420 CUP
1 CUP = 11.815 PKR
1 PKR = 0.085 CUP
1 CUP = 60.198 RWF
1 RWF = 0.017 CUP
1 CUP = 0.000 LTC
1 LTC = 2721.674 CUP
1 CUP = 0.773 MXN
1 MXN = 1.294 CUP
1 CUP = 1.533 NIO
1 NIO = 0.652 CUP
1 CUP = 0.180 RON
1 RON = 5.558 CUP
1 CUP = 37.505 KPW
1 KPW = 0.027 CUP
1 CUP = 0.035 KYD
1 KYD = 28.849 CUP
1 CUP = 3746.072 LBP
1 LBP = 0.000 CUP
1 CUP = 0.225 LYD
1 LYD = 4.441 CUP
1 CUP = 897.341 LAK
1 LAK = 0.001 CUP
1 CUP = 184.117 MGA
1 MGA = 0.005 CUP
1 CUP = 8.356 LRD
1 LRD = 0.120 CUP
1 CUP = 2.186 MKD
1 MKD = 0.457 CUP
1 CUP = 0.740 LSL
1 LSL = 1.351 CUP
1 CUP = 0.337 MOP
1 MOP = 2.968 CUP
1 CUP = 0.703 MDL
1 MDL = 1.423 CUP
1 CUP = 0.740 NAD
1 NAD = 1.351 CUP
1 CUP = 0.176 MYR
1 MYR = 5.685 CUP
1 CUP = 0.016 OMR
1 OMR = 62.344 CUP
1 CUP = 63.820 NGN
1 NGN = 0.016 CUP
1 CUP = 0.173 PGK
1 PGK = 5.786 CUP
1 CUP = 0.042 PAB
1 PAB = 23.997 CUP
1 CUP = 0.148 PEN
1 PEN = 6.770 CUP
1 CUP = 0.424 NOK
1 NOK = 2.361 CUP
1 CUP = 0.151 PLN
1 PLN = 6.635 CUP
1 CUP = 322.945 PYG
1 PYG = 0.003 CUP
1 CUP = 0.152 QAR
1 QAR = 6.593 CUP
1 CUP = 0.354 SBD
1 SBD = 2.823 CUP
1 CUP = 0.156 SAR
1 SAR = 6.399 CUP
1 CUP = 0.053 SGD
1 SGD = 18.729 CUP
1 CUP = 945.885 SLL
1 SLL = 0.001 CUP
1 CUP = 1.350 THB
1 THB = 0.741 CUP
1 CUP = 1.229 TWD
1 TWD = 0.814 CUP
1 CUP = 1.741 UAH
1 UAH = 0.574 CUP
1 CUP = 149.354 UGX
1 UGX = 0.007 CUP
1 CUP = 1.527 SRD
1 SRD = 0.655 CUP
1 CUP = 877.026 STD
1 STD = 0.001 CUP
1 CUP = 1.691 TRY
1 TRY = 0.591 CUP
1 CUP = 0.283 TTD
1 TTD = 3.530 CUP
1 CUP = 0.100 TOP
1 TOP = 9.972 CUP
1 CUP = 527.228 UZS
1 UZS = 0.002 CUP
1 CUP = 10.041 YER
1 YER = 0.100 CUP
1 CUP = 0.740 ZAR
1 ZAR = 1.351 CUP
1 CUP = 4.159 RSD
1 RSD = 0.240 CUP
1 CUP = 3.308 RUB
1 RUB = 0.302 CUP
1 CUP = 23.776 SOS
1 SOS = 0.042 CUP
1 CUP = 0.365 SVC
1 SVC = 2.743 CUP
1 CUP = 541.818 SYP
1 SYP = 0.002 CUP
1 CUP = 0.740 SZL
1 SZL = 1.351 CUP
1 CUP = 0.120 TND
1 TND = 8.365 CUP
1 CUP = 1.670 UYU
1 UYU = 0.599 CUP
1 CUP = 1089.303 VND
1 VND = 0.001 CUP
1 CUP = 4.978 VUV
1 VUV = 0.201 CUP
1 CUP = 0.114 WST
1 WST = 8.761 CUP
1 CUP = 23.281 XAF
1 XAF = 0.043 CUP
1 CUP = 0.113 XCD
1 XCD = 8.865 CUP
1 CUP = 0.590 SCR
1 SCR = 1.695 CUP
1 CUP = 0.397 SEK
1 SEK = 2.521 CUP
1 CUP = 0.031 SHP
1 SHP = 32.242 CUP
1 CUP = 107.216 TZS
1 TZS = 0.009 CUP
1 CUP = 0.042 USD
1 USD = 23.997 CUP
1 CUP = 4.235 XPF
1 XPF = 0.236 CUP
1 CUP = 23.281 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.