Convert Cuban Convertible Peso to São Tomé and Príncipe Dobra (pre-2018)
Please provide values below to convert Cuban Convertible Peso [CUC] to São Tomé and Príncipe Dobra (pre-2018) [STD], or Convert São Tomé and Príncipe Dobra (pre-2018) to Cuban Convertible Peso.
How to Convert Cuban Convertible Peso to São Tomé And Príncipe Dobra (Pre-2018)
1 CUC = 4.48796775843962e-05 STD
Example: convert 15 CUC to STD:
15 CUC = 15 × 4.48796775843962e-05 STD = 0.000673195163765944 STD
Cuban Convertible Peso to São Tomé And Príncipe Dobra (Pre-2018) Conversion Table
| Cuban Convertible Peso | São Tomé and Príncipe Dobra (pre-2018) |
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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.
São Tomé And Príncipe Dobra (Pre-2018)
The São Tomé and Príncipe Dobra (STD) was the official currency of São Tomé and Príncipe before 2018, used for everyday transactions within the country.
History/Origin
The Dobra was introduced in 1977, replacing the Portuguese escudo after independence. It was subdivided into 100 cêntimos. The currency underwent various inflationary pressures and was replaced in 2018 by the new Dobra (STN) at a rate of 1 new Dobra = 1000 old Dobras.
Current Use
The STD is no longer in use since 2018; the country now uses the new São Tomé and Príncipe Dobra (STN). The old STD notes are considered obsolete and are primarily of historical interest.