CUC to BZD

CUC - Cuban Convertible Peso (CUC)
BZD - Belize Dollar ($)
1 CUC1 BZD

Currency conversion rates from CUC to BZD

CUCBZD
1 CUC1 BZD
5 CUC5 BZD
10 CUC10 BZD
20 CUC20 BZD
50 CUC50 BZD
100 CUC100 BZD
250 CUC250 BZD
500 CUC500 BZD
1000 CUC1000 BZD
2000 CUC2000 BZD
5000 CUC5000 BZD
10000 CUC10000 BZD
BZDCUC
1 BZD1 CUC
5 BZD5 CUC
10 BZD10 CUC
20 BZD20 CUC
50 BZD50 CUC
100 BZD100 CUC
250 BZD250 CUC
500 BZD500 CUC
1000 BZD1000 CUC
2000 BZD2000 CUC
5000 BZD5000 CUC
10000 BZD10000 CUC

BZD - Belize Dollar (BZ$)

Belize Dollar

The Belize Dollar is the official currency of Belize. The symbol used for the Dollar is $. To distinguish it from other Dollar currencies, the Belize Dollar symbol is BZ$. It is divided into smaller denominations; 1 BZ$ = 100 cents. Since 1978, the Belize Dollar has been pegged to the US Dollar at 1 USD = 2 BZ$.

The Belize Dollar is the currency in Belize (BZ, BLZ). The symbol for BZD can be written BZ$. The Belize Dollar is divided into 100 cents. The exchange rate for the Belize Dollar was last updated on May 24, 2019 from Yahoo Finance. The BZD conversion factor has 5 significant digits.

Economy

  • Logging plays an important part in the Belize economy - timber is the main export product.
  • Top industries for Belize are tourism, garment production, construction, and food processing. Belize also allows offshore investments.
  • The unemployment rate is estimated at 9.4%.
  • Agriculture accounts for 21% of the total GDP.
  • Export products are wood, molasses, citrus, clothing, bananas, sugar, and crude oil.
  • Import products are food, tobacco, chemicals, fuels, and manufactured goods.
  • Tourism in Belize amounts to 251, 655 people.
  • Belize is working towards an economic plan and the country’s focus is tourism and agriculture.
  • An estimated growth of 4% was indicated in the year 1999.

History

  • Belize was originally part of British Honduras and the Spanish Dollar was in circulation.
  • In 1894, the government issued banknotes in denominations of 100, 50, 10, 5, 2 and 1 Dollar.
  • After 1928, no more 50 and 100 Dollar banknotes were produced.
  • In 1973, British Honduras was renamed Belize.
  • The first 100 Dollar banknote was introduced in 1974.
  • In 1976, the printing of banknotes were taken over by the Monetary Authority of Belize.
  • The Central Bank of Belize was established in 1982. It produced banknotes in 1983.

More information about BZD - Belize Dollar (BZ$)


CUC - Cuban Convertible Peso (CUC$)

Cuban Convertible Peso

The Cuban Convertible Peso (CUC) is one of two currencies used in Cuba. The other currency is simply called the Cuban Peso and has been in limited use since 1994. Retail stores and other businesses mainly use the Cuban Convertible Peso. The Convertible Peso can only be exchanged in Cuba itself. It is pegged to the US Dollar at par. The Convertible Peso is rated as the strongest Peso currency, as well as the 10th highest currency worldwide.

The Cuban Convertible Peso is the currency in Cuba (CU, CUB). The exchange rate for the Cuban Convertible Peso was last updated on Today from The International Monetary Fund. The CUC conversion factor has 6 significant digits.

Economy

  • Cuba’s economy is run by the state and seen as a planned economy.
  • The majority of the labor force works for the government. The unemployment rate is 1.7%.
  • Services account for 74% of the total GDP.
  • Top industries are tobacco, petroleum, steel, cement, pharmaceuticals, construction, nickel, agricultural machines, and sugar.
  • Export products are tobacco, shellfish, coffee, citrus, and medical products.
  • Import products are chemicals, equipment and machinery, food, and petroleum.
  • Cuba recently started attracting world-class pharmaceutical and biotechnology industries.
  • 80% of Cuba’s food is imported.
  • Tourism is growing rapidly, however the retail sector in Cuba is poorly run.
  • The Netherlands is the largest importer of Cuban products.

History

  • In 1994, the Cuban Convertible Peso was introduced alongside the existing Cuban Peso.
  • Until 2004, Cuba used the Peso (CUP) for non-luxury items and staples; the Convertible Peso and the US Dollar were used mainly in the tourism trade and for luxury items.
  • In 2004, the USD was take off the market due to sanctions. A 10% tax was charged for converting USDs to convertible pesos. This tax does not apply to any other currency.
  • In 2011, Cuba pegged the Convertible Peso to the USD at par.

More information about CUC - Cuban Convertible Peso (CUC$)