HomeCNY / CUP • Currency
add
CNY / CUP
Previous close
3.43
Market news
About Chinese Yuan
The renminbi is the official currency of China. The renminbi is issued by the People's Bank of China, the monetary authority of China. It is the world's fifth-most-traded currency as of April 2025. The Chinese yuan is the basic unit of the renminbi.
One yuan is divided into 10 jiao, and the jiao is further subdivided into 10 fen. The word yuan is widely used to refer to the Chinese currency generally, especially in international contexts. WikipediaAbout Cuban Peso
The Cuban peso also known as moneda nacional, is the official currency of Cuba.
The Cuban peso was established by a Cuban law on October 29, 1914. It began circulating in 1915 at parity with the U.S. dollar until 1959–1960. The Castro government then introduced the socialist planned economy and pegged the peso to the Soviet ruble.
The Soviet Union's collapse in 1991 resulted in what the Castro government called a "Special Period" of difficult economic adjustments for Cuba. From 1994 to 2020 the Cuban peso co-circulated with the Cuban convertible peso, which was convertible to and fixed against the U.S. dollar, and which was generally available to the public at a rate of US$1 = CUC 1 = CUP 25. State enterprises under the socialist planned economy, though, were entitled to exchange CUPs into CUCs and U.S. dollars at the official, subsidized rate of US$1 = CUC 1 = CUP 1, within prescribed limits.
From 1 January 2021, Cuba implemented the so-called "Day Zero" of monetary unification, which abolished the Cuban convertible peso as well as the 1 CUP/USD rate for state enterprises. Wikipedia