Cuban convertible peso to Canadian Dollar — exchange rate

Country of Circulation: Cuba

Currency Code, Symbol: CUC, CUC$

Denominations of coins in circulation: 5¢, 10¢, 25¢, 50¢, $1

Denominations of banknotes in circulation: $1, $3, $5, $10, $20, $50, $100

History: The Cuban convertible peso ($) is one of the two currencies used in Cuba. For ease and conversion operations, people use the name CUC. The name has become a reason for an unofficial name of the currency.It is often called cuc. One peso can be exchanged for 100 centavos. The convertible peso was introduced in Cuba in 1994 to allow for an easier payment process for tourists and diplomats within the country. The introduction of the convertible peso as a second currency has led to an increase in fraud directed at foreign citizens. Since 2013, Cuba has started to gradually decrease the use of this currency, turning to the regular Cuban peso.Read More

Country of Circulation: Canada

Currency Code, Symbol: CAD, $

Denominations of coins in circulation: 5¢, 10¢, 25¢, $1, $2

Denominations of banknotes in circulation: $5, $10, $20, $50, $100

History: The Canadian dollar (symbol: CA$, code: CAD, number 124) is used for financial operations within Canada. The abbreviation of the currency used on the exchange market and in exchange offices is CAD. One Canadian dollar correlates to 100 cents.The currency was introduced in 1858. The government had used the Spanish real previously. Some types and denominations of the $ currency are not issued anymore. However, Canada officially accepts all types of currency units that have been issued since 1935. It should be mentioned that CAD is included in the list of the most traded world currencies, namely in the top ten.Read More