Convert Cuban Convertible Peso to Comorian Franc
Please provide values below to convert Cuban Convertible Peso [CUC] to Comorian Franc [KMF], or Convert Comorian Franc to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Comorian Franc
1 CUC = 0.00238467986269013 KMF
Example: convert 15 CUC to KMF:
15 CUC = 15 × 0.00238467986269013 KMF = 0.035770197940352 KMF
Cuban Convertible Peso to Comorian Franc Conversion Table
| Cuban Convertible Peso | Comorian 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.
Comorian Franc
The Comorian Franc (KMF) is the official currency of the Comoros, used for all monetary transactions within the country.
History/Origin
The Comorian Franc was introduced in 1979, replacing the French franc at par, and is issued by the Central Bank of the Comoros. It is pegged to the euro at a fixed rate.
Current Use
The KMF is actively used across the Comoros for everyday transactions, banking, and trade, and is accepted throughout the country.