Convert Indonesian Rupiah to Cuban Convertible Peso
Please provide values below to convert Indonesian Rupiah [IDR] to Cuban Convertible Peso [CUC], or Convert Cuban Convertible Peso to Indonesian Rupiah.
How to Convert Indonesian Rupiah to Cuban Convertible Peso
1 IDR = 16287.9372 CUC
Example: convert 15 IDR to CUC:
15 IDR = 15 × 16287.9372 CUC = 244319.058 CUC
Indonesian Rupiah to Cuban Convertible Peso Conversion Table
| Indonesian Rupiah | Cuban Convertible Peso |
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Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Rupiah was introduced in 1946 to replace the Dutch East Indies gulden. It has undergone various reforms and redenominations over the years, especially following Indonesia's independence and economic changes, to stabilize the economy and control inflation.
Current Use
Today, the Rupiah is widely used across Indonesia for all forms of financial transactions, including cash payments, banking, and digital transactions. It remains the official legal tender of Indonesia.
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.