Convert Cuban Peso to North Korean Won
Please provide values below to convert Cuban Peso [CUP] to North Korean Won [KPW], or Convert North Korean Won to Cuban Peso.
How to Convert Cuban Peso to North Korean Won
1 CUP = 0.0266666666666667 KPW
Example: convert 15 CUP to KPW:
15 CUP = 15 × 0.0266666666666667 KPW = 0.4 KPW
Cuban Peso to North Korean Won Conversion Table
| Cuban Peso | North Korean Won |
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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.
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.