Convert Hong Kong Dollar to Cuban Convertible Peso
Please provide values below to convert Hong Kong Dollar [HKD] to Cuban Convertible Peso [CUC], or Convert Cuban Convertible Peso to Hong Kong Dollar.
How to Convert Hong Kong Dollar to Cuban Convertible Peso
1 HKD = 7.8498 CUC
Example: convert 15 HKD to CUC:
15 HKD = 15 × 7.8498 CUC = 117.747 CUC
Hong Kong Dollar to Cuban Convertible Peso Conversion Table
| Hong Kong Dollar | Cuban Convertible Peso |
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Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, issued by the Hong Kong Monetary Authority, and used for daily transactions and financial activities in Hong Kong.
History/Origin
The Hong Kong Dollar was introduced in 1935, replacing the Hong Kong British Pound, and has since evolved through various monetary arrangements, including pegging to the US Dollar since 1983 to stabilize the currency.
Current Use
Today, the HKD is widely used in Hong Kong for all forms of commerce, banking, and international trade, and is one of the most traded currencies in the world.
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.