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Cuba Currency
Cuba currency is also formed after the result of the great diversity making a living in one place. There are basically two official currencies of Cuba, one is the peso and the other one is the convertible peso. The presence of these two currencies proves that Cuba is an accumulation of different backgrounds in one place.
National Currency Of Cuba
Cuba currency that is often used is national pesos as mostly all the workers get paid in pesos but it sometimes happens that the workers are paid in convertible pesos. Cuban convertible pesos are 25 times more valuable than the national pesos. In 1857, banknotes of pesos were used as Cuba currency but by 1960, the contradiction started and the value of pesos kept falling drastically because of the United States dollars circulating in Cuba.
Cuba Currency To PKR
By 1994, Cuba cut off the United States Dollars circulation and the convertible pesos were formed. 1 Cuban peso is equivalent to 123.35 Pakistan rupees which means that Cuba peso is much higher in value than Pakistan rupees. If you’re traveling to Cuba then you will have to keep change in your pockets to travel in public transport.
Cuba Currency To USD
1 Cuban peso is equivalent of 1 United States Dollars that means that the value of Cuban peso is exactly the same as United States Dollars. The currency rate keeps fluctuating every other day for which we tend to update our information on daily basis so that we can provide you with the latest information on the Cuba currency rate.