US Dollar to Cuban convertible peso

American dollar, the US dollar (international symbol: $, code: 840, bank code: USD) is the official currency of the United States of America since 1861. The name comes from the modified word "thaler "- a German ancient coin. It is the main currency of the USA, El Salvador, the Marshall Islands.

It has replaced the national currency in Zimbabwe. The US dollar is one of the main reserve currencies in the world.Depending on denomination, the banknotes bear on the front side portraits of the statesmen - Washington, Lincoln, Jackson, Jefferson, Franklin, and on the reverse - historical monuments such as the Capitol, the White House or the Treasury.

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.