Cuban currency name, what is the currency of Brazil?

The name of the currency of Cuba is the Cuban peso.

The Cuban peso is the Republic of Cuba.

The legal tender is issued by the Banco Nacional de Cuba in denominations of 1 3 5 10 20 50 100 200 500 etc.

Cuba is one of the few countries in the world that has a dual currency system, and in addition to the Cuban peso currency, there is also a convertible peso. The "Cuban Exchange Voucher" can be used in place of the U.S. dollar circulation. 1 voucher = US dollars, also = 25 pesos, which is equivalent to 1 peso in US dollars.

In October 2004, Cuba issued a decree banning the circulation of US dollars. There are currently two main local currencies in circulation.

Cuba has two currencies, one is the Cuban peso (peso cubano), the currency **cup, commonly known as the Turkish peso by Chinese in Cuba, according to today's international exchange rate, 1 RMB approximately;

The other is called peso convertible, currency ** cuc, can be exchanged for various circulating currencies, in Cuba Chinese commonly known as red pesos, according to today's international exchange rate, 1 RMB approx., or 1 cuc approximately.

1cuc=24cup。

In Cuba, it is called the peso.

Generally, the locals use the name cup, commonly known as the soil peso, 1 piece is 3 cents.

There is also a kind of foreign exchange coupon similar to our back then, called cuc, commonly known as red peso, 1 yuan is 8 yuan.

Brazil's current currency is called the real, formerly known as the Cruzeiro. Since the Asian financial crisis, the Brazilian currency has depreciated more seriously, and the real has depreciated by about 53% against the US dollar in 02. Brazilian currency: Real. Now 1 dollar is exchanged for around reais.

The Brazilian currency is called the real. On July 1, 1994, Brazil abolished the original currency name Cruzeiro Real (1 US dollar to 2,750 Cruzeiro reals at the time of abolition), and officially issued a new currency, "Real" (real).

Historically, Brazil's currency name and denomination have changed a lot, especially due to the heavy foreign debt burden and hyperinflation in recent years, its currency changes have become more frequent, and it is one of the countries with the largest currency depreciation in Latin America.

The Brazilian Cruzeiro is issued by the Bank of Brazil**. Since 1988, its issuance has been restricted to the extent permitted by law and subject to congressional approval.

Brazil is a member of the Rio Group, MERCOSUR, the South American Forum for Progress and the Group of 20, and is known as the ABC country along with Argentina and Chile.

The exchange rate of the Cuban peso against the yuan is chaotic.

Today, Wednesday, August 24, 2022

The latest exchange rate between the ancient currency and the Chinese yuan (Cuban Peso Cup CNY):

1 ancient currency = RMB (1 yuan yuan yuan = ancient currency).

The exchange rate between the above ancient coins and the renminbi is calculated according to the latest exchange rate below

2022-8-24 Exchange rate (today), Hong Kong foreign exchange market**, 1 yuan = ancient currency.

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