Convert Cuban Convertible Peso to Mauritian Rupee
Please provide values below to convert Cuban Convertible Peso [CUC] to Mauritian Rupee [MUR], or Convert Mauritian Rupee to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to Mauritian Rupee
1 CUC = 0.0220006512192761 MUR
Example: convert 15 CUC to MUR:
15 CUC = 15 × 0.0220006512192761 MUR = 0.330009768289141 MUR
Cuban Convertible Peso to Mauritian Rupee Conversion Table
| Cuban Convertible Peso | Mauritian Rupee |
|---|
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.
Mauritian Rupee
The Mauritian Rupee (MUR) is the official currency of Mauritius, used for all monetary transactions within the country.
History/Origin
The Mauritian Rupee was introduced in 1876, replacing the Indian Rupee, and has undergone various reforms to modernize and stabilize the currency over the years.
Current Use
Today, the Mauritian Rupee is widely used in Mauritius for everyday transactions, banking, and trade, and is managed by the Bank of Mauritius.