What was the convertible peso (CUC)?

The convertible peso was a Cuban currency introduced in 2004 to promote trade and foreign investment, replacing the older Convertible peso (1994-2020). It was discontinued in 2021.

How did the convertible peso differ from the Cuban peso (CUP)?

The CUC was designed to be more stable and convertible, allowing for easier international transactions, whereas the CUP was subject to stricter controls and was less flexible.

Why was the convertible peso discontinued?

The CUC was phased out in December 2021 as part of Cuba's economic reforms, which aimed to simplify the currency system and reduce reliance on foreign exchange.

What was the lifespan of the convertible peso?

The CUC was in circulation for 17 years, from 2004 to 2021.

How did the convertible peso relate to Cuba's economy?

The CUC played a role in Cuba's economy by facilitating trade and investment, though its eventual discontinuation reflected broader economic adjustments in the country.

convertible peso

deprecated Cuban currency

Intangible Currency Q731350

Facts

10 properties

Identity

Instance of: currency, peso^[3]

Status and dates

End time: December 30, 2021^[8]
Start time: 2004^[7]

Location

Country: Cuba^[2]

More facts +6

Central bank/issuer: Central Bank of Cuba^[6]
Currency sign: dollar sign^[5]
Different from: Cuban peso^[9]
Named after: convertibility^[4]
Price: 1 USD (2011–present), 24.5 Cuban peso^[10]^[11]
Unit symbol: CUC$^[12]

🏷️ Also known as

en chavito en CUC en Convertible peso (1994-2020) en convertible peso ar بيزو كوبي قابل للتحويل cs Kubánské konvertibilní peso cs Konvertibilní peso da Cubansk konvertibel pesos de Konvertierbarer Peso de Peso convertible es peso convertible es chavito es CUC es peso cubano convertible fa پزوی تبدیل‌پذیر کوبا fi Kuuban vaihdettava peso fr peso cubain convertible he פסו קונברטיבלה hi क्यूबन कन्वर्टेबल पेसो hu kubai konvertibilis peso

🔖 Identifiers · 4

BabelNet ID: 00265365n
Freebase ID: /m/049p6c
ISO 4217 code: CUC
PermID: 500535

Report an error or request removal Lineage (PROV-JSON)

🔗 Connections

Instance of 2

currency, peso

← Currency 2

economy of Cuba, Central Bank of Cuba

Central bank/issuer 1

Central Bank of Cuba

Country 1

Cuba

Currency sign 1

dollar sign

Different from 1

Cuban peso

Named after 1

convertibility

← Different from 1

Cuban peso

← FactGrid item ID 1

Savynky

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Summary

convertible peso is a currency^[1].

References

Programmatic citations — every numbered marker resolves to a verifiable graph row below.

Direct Wikidata claims

[2] ↑ convertible peso — country (P17): Cuba. wikidata.org.
[3] ↑ convertible peso — instance of (P31): peso. wikidata.org.
[4] ↑ convertible peso — named after (P138): convertibility. wikidata.org.
[5] ↑ convertible peso — currency sign (P489): dollar sign. wikidata.org.
[6] ↑ convertible peso — central bank/issuer (P562): Central Bank of Cuba. wikidata.org.
[7] ↑ convertible peso — start time (P580): 2004. wikidata.org.
[8] ↑ convertible peso — end time (P582): December 30, 2021. wikidata.org.
[9] ↑ convertible peso — different from (P1889): Cuban peso. wikidata.org.
[10] ↑ convertible peso — price (P2284): 1 US dollars. cubadebate.cu. Retrieved 2016-06-13. cubadebate.cu. Provenance: wikidata.org.
[11] ↑ convertible peso — price (P2284): 24.5 Cuban peso. wikidata.org.
[12] ↑ convertible peso — unit symbol (P5061): {'lang': 'mul', 'text': 'CUC$'}. wikidata.org.

Class ancestry

[1] ↑ convertible peso is an instance of currency (Q8142) [P31, primary]. Wikidata. wikidata.org.

📑 Cite this page

Use these citations when quoting this entity in research, articles, AI prompts, or wherever provenance matters. We aggregate Wikidata + Wikipedia + authoritative open-data sources; the stitched, scored, cross-referenced view is what 4ort.xyz contributes.

APA

4ort.xyz Knowledge Graph. (2026). convertible peso. Retrieved November 12, 2026, from https://4ort.xyz/entity/convertible-peso

MLA “convertible peso.” 4ort.xyz Knowledge Graph, 4ort.xyz, 12 Nov. 2026, https://4ort.xyz/entity/convertible-peso.

BibTeX

@misc{4ortxyz_convertible-peso_2026, author = {{4ort.xyz Knowledge Graph}}, title = {{convertible peso}}, year = {2026}, url = {https://4ort.xyz/entity/convertible-peso}, note = {Accessed: 2026-11-12}}

LLM prompt

According to 4ort.xyz Knowledge Graph (aggregator of Wikidata, Wikipedia, and authoritative open-data sources): convertible peso — https://4ort.xyz/entity/convertible-peso (retrieved 2026-11-12)

Canonical URL: https://4ort.xyz/entity/convertible-peso · Last refreshed: November 12, 2026