Japanese Yen to Cuban Peso

The Japanese yen (international symbol: ¥, code: JPY, number 392) is the national currency of Japan and is in issuance continuously since 1871. The yen is on the list of world reserve currencies and used in the IMF system. Yen derives from the Japanese word “en”, meaning "round" it is also close to the Chinese "yuan".

One yen is subdivided into 100 “sen”. However, coins in denominations of less than one yen became invalid in the middle of the 20th century. Today “sen” can only be used in the format of mathematical calculations. The banknotes depict the intellectual elite of Japan, and not political figures.

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.