Convert Omani Rial to Cuban Convertible Peso
Please provide values below to convert Omani Rial [OMR] to Cuban Convertible Peso [CUC], or Convert Cuban Convertible Peso to Omani Rial.
How to Convert Omani Rial to Cuban Convertible Peso
1 OMR = 0.3845 CUC
Example: convert 15 OMR to CUC:
15 OMR = 15 × 0.3845 CUC = 5.7675 CUC
Omani Rial to Cuban Convertible Peso Conversion Table
| Omani Rial | Cuban Convertible Peso |
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Omani Rial
The Omani Rial (OMR) is the official currency of Oman, used for all monetary transactions within the country.
History/Origin
The Omani Rial was introduced in 1970, replacing the Gulf rupee at par, and has since been the standard currency of Oman, with its value stabilized through pegging to the US dollar.
Current Use
The Omani Rial is widely used in Oman for everyday transactions, banking, and trade, and is subdivided into 1000 baisa.
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.