Cuban convertible peso to Kazakhstani Tenge

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 Kazakhstani tenge (sign ₸, code KZT) is the main currency of Kazakhstan, issued and used only within this Asian state. Tiyns are used as change for the Kazakhstani tenge. Every KZT has 100 tiyns.

The currency has been issued since 1993. It appeared after the dissolution of the USSR, taking the place of the Soviet ruble. Initially, Kazakhstan did not have its own treasury. Banknotes were printed in Great Britain. German specialists were engaged in minting. Some time later, the country has begun to issue the money on its own.