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.

Israeli Shekel

Israeli Shekel

The Israeli new shekel (Hebrew: שֶׁקֶל חָדָשׁ‎ Sheqel H̱adash; Arabic: شيكل جديد‎ šēkal jadīd; sign: ₪; code: ILS), also known as simply the Israeli shekel and formerly known as the New Israeli Sheqel (NIS), is the currency of Israel and is also used as a legal tender in the Palestinian territories of the West Bank and the Gaza Strip. The new shekel is divided into 100 agora. The new shekel has been in use since 1 January 1986, when it replaced the hyperinflated old shekel at a ratio of 1000:1. The currency sign for the new shekel ⟨ ₪ ⟩ is a combination of the first Hebrew letters of the words shekel (ש) and ẖadash (ח) (new). Alongside the shekel sign, the following abbreviations of NIS, ש"ח‎ and ش.ج‎ are also used commonly to denominate prices.

7 Cuban Peso to Israeli Shekel exchange rates chart

7 CUP to ILS exchange rates graph
7 CUP to ILS 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.

7 CUP to ILS exchange rates table

Exchange CUP to ILS
7 Cuban Peso = 0.971 Israeli Shekel
14 Cuban Peso = 1.941 Israeli Shekel
35 Cuban Peso = 4.854 Israeli Shekel
70 Cuban Peso = 9.707 Israeli Shekel
Exchange Cuban Peso to Israeli Shekel
7 Cuban Peso to Israeli Shekel 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.

7 CUP to ILS 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

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“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"

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Smuggler caught at Gaza border with coins from time of Alexander the Great
Smuggler caught at Gaza border with coins from time of Alexander the Great

Palestinian man was attempting to take two 'rare, highly prized' tetradrachm coins, imprinted in Babylon and northern Greece between 323 and 325 BCE, out of territory

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Grapevine: An ongoing legacy
Grapevine: An ongoing legacy

What do Lord Roderick Balfour, former Jewish Agency chairman Natan Sharansky and the State of Israel have in common? All three came into being in 1948. The interesting coincidence came to light this week at a gala dinner celebrating the 101st anniversary of the Balfour Declaration hosted by the Israel Britain and the Commonwealth Association at the Hilton Hotel, Tel Aviv. Lord Balfour, who is no stranger to Israel, and Sharansky were the guest speakers. Balfour – utilizing that characteristically British mix of wry self-deprecation, humor and wit – kept his audience alert as he made some interesting historical and emotional points. Sharansky noted that 101 years earlier, news of the Balfour Declaration and the Bolshevik Revolution had been published on the same day in newspapers. Not much attention was paid at that time to the Balfour Declaration, but the Bolshevik Revolution was hailed as something that would change the course of history. Before either of them spoke, there were the traditional toasts to the president of Israel and the queen of England. In making the toast to President Reuven Rivlin, British Ambassador David Quarrey said he was a great admirer of Rivlin, but was taken aback when presenting his credentials when Rivlin had asked him on camera when the queen would visit Israel. Although that visit did not take place, Quarrey was delighted to have accompanied Prince William to meet the president.

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CISF detects high volume of foreign currency at Mumbai Airport

Uniindia: New Delhi, Nov 5 (UNI) The Central Industrial Security Force (CISF) on Sunday detected a high volume of foreign currencies worth over Rs 12 lakh, an official release said here on Monday.

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7 CUP to ILS currency converter