Convert Bahamian Dollar to Cuban Peso
Please provide values below to convert Bahamian Dollar [BSD] to Cuban Peso [CUP], or Convert Cuban Peso to Bahamian Dollar.
How to Convert Bahamian Dollar to Cuban Peso
1 BSD = 0.0416666666666667 CUP
Example: convert 15 BSD to CUP:
15 BSD = 15 × 0.0416666666666667 CUP = 0.625 CUP
Bahamian Dollar to Cuban Peso Conversion Table
| Bahamian Dollar | Cuban Peso |
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Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.
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.