Convert Cuban Convertible Peso to Djiboutian Franc
Please provide values below to convert Cuban Convertible Peso [CUC] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Djiboutian Franc
1 CUC = 0.0056267970583105 DJF
Example: convert 15 CUC to DJF:
15 CUC = 15 × 0.0056267970583105 DJF = 0.0844019558746575 DJF
Cuban Convertible Peso to Djiboutian Franc Conversion Table
| Cuban Convertible Peso | Djiboutian Franc |
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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.
Djiboutian Franc
The Djiboutian Franc (DJF) is the official currency of Djibouti, used for all monetary transactions within the country.
History/Origin
The Djiboutian Franc was introduced in 1949, replacing the French Franc at par, and has been the country's official currency since then, with its value maintained by the Central Bank of Djibouti.
Current Use
The DJF is widely used in Djibouti for everyday transactions, banking, and trade, and is pegged to the US dollar at a fixed rate to ensure stability.