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.

Canadian Dollar

Canadian Dollar

The Canadian dollar (symbol: $; code: CAD; French: dollar canadien) is the currency of Canada. It is abbreviated with the dollar sign $, or sometimes Can$ or C$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents (¢). Owing to the image of a loon on the one-dollar coin, the currency is sometimes referred to as the loonie by foreign exchange traders and analysts, as it is by Canadians in general, or huard in French. Accounting for approximately 2% of all global reserves, the Canadian dollar is the fifth most held reserve currency in the world, behind the U.S. dollar, the euro, the yen and the pound sterling. The Canadian dollar is popular with central banks because of Canada's relative economic soundness, the Canadian government's strong sovereign position, and the stability of the country's legal and political systems.

20 Cuban Peso to Canadian Dollar exchange rates chart

20 CUP to CAD exchange rates graph
20 CUP to CAD 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.

20 CUP to CAD exchange rates table

Exchange CUP to CAD
20 Cuban Peso = 0.992 Canadian Dollar
40 Cuban Peso = 1.984 Canadian Dollar
100 Cuban Peso = 4.960 Canadian Dollar
200 Cuban Peso = 9.920 Canadian Dollar
Exchange Cuban Peso to Canadian Dollar
20 Cuban Peso to Canadian 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.

20 CUP to CAD exchange rates news

Los 16 emprendedores más famosos hablan sobre el peor consejo que recibieron en su vida
Los 16 emprendedores más famosos hablan sobre el peor consejo que recibieron en su vida

Un estudio de la Universidad de Cambridge muestra que ellos son capaces de tomar mayores riesgos que los administradores y así obtener grandes ganancias

indicative neutral
“Quisiera regresar antes de envejecer más, quiero abrazar a los miembros de la familia que dejé de ver hace 51 años"

Entrevista a Isabel Mesa Collins, pedagoga cubana residente en Chicago, autora del libro "Isabel. Memoir of an Immigrant Cuban Girl"

indicative neutral
C$ steadies after hitting 4-month low on oil price slump

updates prices); Canadian dollar near flat against the greenback; Loonie touches its weakest since July 20 at 1.3264; Price of U.S. oil slumps 7.1.

indicative neutral
Canadian dollar steadies after hitting four-month low on oil price...

The Canadian dollar was little changed against the greenback on Tuesday, steadying after it touched the weakest level in nearly four months earlier in the session as a sell-off in oil accelerated.

indicative neutral
USD/CAD - Canadian Dollar Sinking in Oil

The Canadian dollar is caught between a rock and a hard place. The rock is widespread U.S. dollar demand against the major G-10 currencies, and the hard place is falling oil prices. West Texas Intermediate oil prices have dropped 11% in November, and ...

imperative negative

20 CUP to CAD currency converter