Convert Iraqi Dinar to Cuban Convertible Peso
Please provide values below to convert Iraqi Dinar [IQD] to Cuban Convertible Peso [CUC], or Convert Cuban Convertible Peso to Iraqi Dinar.
How to Convert Iraqi Dinar to Cuban Convertible Peso
1 IQD = 1309.6526 CUC
Example: convert 15 IQD to CUC:
15 IQD = 15 × 1309.6526 CUC = 19644.789 CUC
Iraqi Dinar to Cuban Convertible Peso Conversion Table
| Iraqi Dinar | Cuban Convertible Peso |
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Iraqi Dinar
The Iraqi Dinar (IQD) is the official currency of Iraq, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Iraqi Dinar was introduced in 1932, replacing the Indian Rupee, and has undergone various redenominations and reforms, especially following periods of economic instability and conflict.
Current Use
Today, the IQD is the official currency of Iraq, used in all financial transactions, with the Central Bank of Iraq managing its issuance and regulation.
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.