Convert Cuban Convertible Peso to Bangladeshi Taka
Please provide values below to convert Cuban Convertible Peso [CUC] to Bangladeshi Taka [BDT], or Convert Bangladeshi Taka to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Bangladeshi Taka
1 CUC = 0.00821941227914439 BDT
Example: convert 15 CUC to BDT:
15 CUC = 15 × 0.00821941227914439 BDT = 0.123291184187166 BDT
Cuban Convertible Peso to Bangladeshi Taka Conversion Table
Cuban Convertible Peso | Bangladeshi Taka |
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Cuban Convertible Peso
The Cuban Convertible Peso (CUC) was a currency used in Cuba, primarily for tourism and foreign transactions, pegged to the US dollar.
History/Origin
Introduced in 1994 to replace the peso convertible, the CUC was used alongside the Cuban peso (CUP). It facilitated foreign trade and tourism. The CUC was phased out starting in 2020 as part of Cuba's monetary unification efforts, with its value being absorbed into the CUP.
Current Use
The CUC is no longer in circulation as of 2021. Cuba has transitioned to a single currency system using the Cuban peso (CUP), and the CUC is considered obsolete.
Bangladeshi Taka
The Bangladeshi Taka (BDT) is the official currency of Bangladesh, used for all monetary transactions within the country.
History/Origin
The Taka was introduced in 1972, replacing the Pakistani Rupee after Bangladesh gained independence. It has undergone various denominations and reforms over the years to stabilize and modernize the currency.
Current Use
The BDT is actively used in everyday transactions, banking, and international trade involving Bangladesh. It is managed by the Bangladesh Bank, the country's central bank.