Convert Manx pound to Cuban Convertible Peso
Please provide values below to convert Manx pound [IMP] to Cuban Convertible Peso [CUC], or Convert Cuban Convertible Peso to Manx pound.
How to Convert Manx Pound to Cuban Convertible Peso
1 IMP = 0.7403 CUC
Example: convert 15 IMP to CUC:
15 IMP = 15 × 0.7403 CUC = 11.1045 CUC
Manx Pound to Cuban Convertible Peso Conversion Table
| Manx pound | Cuban Convertible Peso |
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Manx Pound
The Manx pound (IMP) is the official currency of the Isle of Man, subdivided into 100 pence, and used as the island's legal tender.
History/Origin
The Manx pound has been in use since the Isle of Man established its own currency system, historically linked to the British pound, with banknotes issued by local banks since the 19th century.
Current Use
Today, the Manx pound is pegged to the British pound at par and is used alongside British currency for everyday transactions and local commerce on the Isle of Man.
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.