Belizean Dollar to Cuban convertible peso

The Belize dollar (sign Bz$, code BZD) is the currency of the country located in Central America – Belize. Previously, the country was named British Honduras. Every Belize dollar can be subdivided into 100 cents.

The currency has been introduced in 1885. However, the design of the notes has gone through several changes. As for now, majority of circulation is money of a format of 2003. Old banknotes are slowly going out of use. Despite the name change, you can still feel the spirit of the British Empire in the country. Thus, modern $ notes have a portrait of Queen Elizabeth II.

The Cuban convertible peso (sign $, code CUC) is one of the two currencies used in Cuba. 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 has first been 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.