Cuban convertible peso to Cape Verdean Escudo

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 Cape Verdean escudo (sign Esc, code CVE) is the official currency issued and spread on the territory of Cape Verde. Previously, one escudo could be subdivided into 100 centavos. Since 1994, 1 escudo has become the smallest coin of the country.

CVE was established as a national currency in 1914. Afterwards, the banknotes have been re-issued several times. The latest series was issued in 2014. The 100 escudo coin is of great interest. It is a decagon made out of a metallic alloy, embellished with representatives of local flora and fauna.