Convert Cuban Convertible Peso to North Korean Won
Please provide values below to convert Cuban Convertible Peso [CUC] to North Korean Won [KPW], or Convert North Korean Won to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to North Korean Won
1 CUC = 0.00111111111111111 KPW
Example: convert 15 CUC to KPW:
15 CUC = 15 × 0.00111111111111111 KPW = 0.0166666666666667 KPW
Cuban Convertible Peso to North Korean Won Conversion Table
| Cuban Convertible Peso | North Korean Won |
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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.
North Korean Won
The North Korean Won (KPW) is the official currency of North Korea, used for everyday transactions within the country.
History/Origin
The North Korean Won was first introduced in 1947, replacing the Korean won used during the Japanese occupation, and has undergone several redenominations and reforms since then.
Current Use
Today, the KPW is primarily used domestically in North Korea, with limited acceptance outside the country; it is subject to strict government control and currency regulations.