Convert Cuban Peso to Rwandan Franc
Please provide values below to convert Cuban Peso [CUP] to Rwandan Franc [RWF], or Convert Rwandan Franc to Cuban Peso.
How to Convert Cuban Peso to Rwandan Franc
1 CUP = 0.0165817794709003 RWF
Example: convert 15 CUP to RWF:
15 CUP = 15 × 0.0165817794709003 RWF = 0.248726692063504 RWF
Cuban Peso to Rwandan Franc Conversion Table
| Cuban Peso | Rwandan Franc |
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Cuban Peso
The Cuban Peso (CUP) is the official currency of Cuba, used for everyday transactions within the country.
History/Origin
The Cuban Peso has been the official currency of Cuba since 1960, replacing the Cuban peso convertible (CUC) as the primary currency after the monetary reforms. It has undergone various changes in value and design over the years, reflecting Cuba's economic policies and relations.
Current Use
Today, the Cuban Peso is used mainly for domestic transactions, while the CUC is used for tourism and foreign trade. The CUP remains an essential part of Cuba's monetary system, with recent reforms aiming to unify the currency system.
Rwandan Franc
The Rwandan Franc (RWF) is the official currency of Rwanda, used for all monetary transactions within the country.
History/Origin
The Rwandan Franc was introduced in 1964, replacing the Rwandan Congolese franc, and has undergone various redenominations and updates since then to stabilize the economy and facilitate trade.
Current Use
Today, the Rwandan Franc is widely used in Rwanda for everyday transactions, banking, and trade, with coins and banknotes issued by the National Bank of Rwanda.