Cuban Peso to Swedish Krona

The Cuban peso (sign $MN, code CUP) is the national currency of Cuba used along with the convertible peso. One peso can be exchanged for 100 small coins – centavos. The currency has first been issued in 1857.

Before that, the country used the Spanish real for payment. In tourism, the country still uses another currency, which is the convertible Cuban peso. However, recently it has become possible to pay with American dollars in shops and hotels. The government is planning to completely remove the convertible currency and only leave CUP.

The Swedish Krona (symbol: kr, code: SEK, number 752) is the national currency introduced in 1873 as the currency of the Scandinavian Monetary Union. It has later on become the internal currency for Sweden. Although Sweden is a member of the EU, the payments are supposed to be done officially is in kronas.

So far, joining the Eurozone with further transition to the single currency system is not being considered. One krona is subdivided into 100 ore coins. Ore has been discontinued, remaining only part of the formal mathematical financial accounting.