Cuban convertible peso to Argentine Peso

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.

The Argentine peso (sign $, code ARS) is the currency used for payment within Argentina. The coins are called centavo. One peso equals 100 centavo.

It has been in circulation since 1992 when the old currency – austral – had been removed. Banknotes are designed with portraits of outstanding statesmen. 10 peso has an image of General Manuel Belgrano, and the 100 peso note has one of the first ladies of Argentina, Eva Perón. There are notes dedicated to the environment and fauna protection: with a jaguar, a blue whale, and the Falkland Islands.