Cuban Peso

Cuban Peso

The peso (ISO 4217 code: CUP, sometimes called the "national currency" or in Spanish moneda nacional) is one of two official currencies in use in Cuba, the other being the convertible peso (ISO 4217 code: CUC, occasionally called "dollar" in the spoken language). There are currently 25 CUP per CUC. Most Cuban state workers receive their wages in national pesos, but some receive a portion of their salary in convertible pesos. Shops that sell basics like fruit and vegetables generally accept only the normal peso. "Dollar shops" sell the rest. The word "pesos" may refer to both types of money. Cuban convertible pesos are 25 times more valuable, but that does not completely eliminate the confusion for tourists. Since goods bought in national pesos have government-controlled prices, tourists are sometimes confused by prices that look "too cheap". The hard (CUC) pesos are easy to tell apart from the national (CUP) ones, as CUC coins have an octagonal shape within the outer round rim. The only exception to this is the most common CUP coin, the 1 peso, also has this octagonal shape. Also, CUC currency shows monuments, and CUP bills have portraits.

Australian Dollar

Australian Dollar

The Australian dollar (sign: $; code: AUD) is the currency of the Commonwealth of Australia, including its external territories Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru, Tonga, Tuvalu, and Vanuatu. The Australian dollar was legal tender of Papua New Guinea until 1 January 1976, when the Papua New Guinean kina became the sole legal tender. Within Australia, it is almost always abbreviated with the dollar sign ($), with A$ or AU$ sometimes used to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. In 2016, the Australian dollar was the fifth most traded currency in the world, accounting for 6.9% of the world's daily share (down from 8.6% in 2013). It trades in the world foreign exchange markets behind the US dollar, the euro, the yen and the pound sterling. The Australian dollar is popular with currency traders, because of the comparatively high interest rates in Australia, the relative freedom of the foreign exchange market from government intervention, the general stability of Australia's economy and political system, and the prevailing view that the Australian dollar offers diversification benefits in a portfolio containing the major world currencies, especially because of its greater exposure to Asian economies and the commodities cycle. The currency is commonly referred to by foreign-exchange traders as the "Aussie dollar".

19 Cuban Peso to Australian Dollar exchange rates chart

19 CUP to AUD exchange rates graph
19 CUP to AUD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

19 CUP to AUD exchange rates table

Exchange CUP to AUD
19 Cuban Peso = 0.998 Australian Dollar
38 Cuban Peso = 1.996 Australian Dollar
95 Cuban Peso = 4.990 Australian Dollar
190 Cuban Peso = 9.979 Australian Dollar
Exchange Cuban Peso to Australian Dollar
19 Cuban Peso to Australian Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

19 CUP to AUD exchange rates news

A primer on Cuba; many Minnesotans welcome a changing policy toward Cuba
A primer on Cuba; many Minnesotans welcome a changing policy toward Cuba

Located less than 100 miles from Florida, Cuba and its relations with the United States are changing rapidly.

20 days indicative positive
Cuba Cruise Tips and What to Expect Before Your Cruise to Havana

I recently sailed on Majesty of the Seas to Key West and Cuba on a 4-night cruise out of Tampa.  I chose this itinerary simply for the fact that I wanted

about 2 months conditional positive
Dollar gains, but outlook suggests weak trend

The dollar rose against the euro on Friday, boosted by technical factors after the single currency hit key resistance levels, even as the greenback's outlook remained bleak amid cautious signals from the Federal Reserve about further rate hikes.

7 days indicative negative
Key indicators from the Australian economy in 2018

There is little doubt that 2018 was a year of ups and downs in many sectors as worldwide volatility attempted to undermine what could otherwise have been a year of gains in certain areas.

18 days conditional neutral
Vital Signs: 35 extraordinary years. What the float of Australian dollar bought us

Floating the dollar 35 years ago was a leap into the unknown. Here's how it has served us well.

about 1 month conditional neutral

19 CUP to AUD currency converter