CUCxxx Cuban convertible Peso exchange rate Live chart (Cuba currency, code: CUC, symbol: $ or CUC$)

Cuba currency : Cuban convertible Peso (ISO 4217 currency code: CUC, symbol: $ or CUC$) : 1 Cuban convertible Peso ($ or CUC$) = 100 centavo convertible (¢ or c). 1.00 CUC = 1.00 USD (U.S. dollar). The rate between CUC and CUP : 1 CUC = 25 CUP. Its value is pegged 1:1 to the United States dollar. Nickname of Cuban convertible Peso are dollar or cuc or chavito. Cuban convertible Peso was one of two official currencies in Cuba with Cuban peso. Cuban convertible Peso has been in limited use since 1994. On 10 December 2020, it was announced that monetary unification would take effect from 1 January 2021. From that date, the CUC is no longer accepted in many Cuban businesses, it can only be exchanged in banks or CADECAs, or used in certain shops, for a six-month period, after which it will be fully demonetised. Central Bank is Central Bank of Cuba (Banco Central de Cuba : BCC).