Convert Singapore Dollar to Cuban Peso
Please provide values below to convert Singapore Dollar [SGD] to Cuban Peso [CUP], or Convert Cuban Peso to Singapore Dollar.
How to Convert Singapore Dollar to Cuban Peso
1 SGD = 0.0533208333333333 CUP
Example: convert 15 SGD to CUP:
15 SGD = 15 × 0.0533208333333333 CUP = 0.7998125 CUP
Singapore Dollar to Cuban Peso Conversion Table
| Singapore Dollar | Cuban Peso |
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Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore, used for all monetary transactions within the country.
History/Origin
The Singapore Dollar was introduced in 1967, replacing the Malayan dollar, and has since evolved into a stable currency managed by the Monetary Authority of Singapore.
Current Use
Today, the SGD is widely used in Singapore for everyday transactions, banking, and international trade, and is considered a major Asian currency.
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.