CUP to SVC Exchange Rate - Convert Cuban Peso to El Salvador Colon

Converting from Cuban Peso (CUP) to El Salvador Colon (SVC)

What is Cuban Peso (CUP)

The Cuban Peso (CUP) is the official currency of Cuba, and it is used mainly for domestic transactions within the country. The CUP is often referred to as the "Cuban Peso" or simply "peso." Historically, Cuba has had two currencies: the Cuban Convertible Peso (CUC), which was used primarily for tourism and international trade, and the Cuban Peso (CUP), which is more common among the local population. In recent years, the Cuban government has been working toward unifying these currencies, making the CUP the primary unit of currency for everyday transactions.

The symbol for the Cuban Peso is “$,” which can create some confusion since the same symbol is used for other currencies. The value of the CUP is much lower than the CUC, and it is crucial for those looking to convert currencies to understand the current exchange rates. As of recent updates, 1 USD may equal around 24 CUP, but rates can fluctuate based on economic conditions.

What is El Salvador Colon (SVC)

The El Salvador Colon (SVC) was the official currency of El Salvador until 2001 when the country adopted the US Dollar (USD) as its legal tender. Before the dollarization, the colon was subdivided into 100 centavos and had been the currency since 1892. The symbol for the colon is “₡.”

While the SVC is no longer in circulation, it is still relevant for historical and educational purposes. The colon was set at a rate of 8.75 colons to 1 USD at the time of dollarization. Because the colon is no longer an official currency, conversions today might not have a practical application, but understanding its history helps to illustrate the economic changes in El Salvador over the years.

When discussing the conversion from CUP to SVC, it’s essential to remember that the colon is no longer used in transactions. However, if you wish to understand the potential value of CUP in terms of what it would have been worth in colons, you would need to use the historical exchange rate. For example, if you know that 1 USD equals approximately 24 CUP, you could derive the equivalent in colons based on historical values.

You may consider using a conversion method such as:

CUP to SVC = CUP × historical rate to USD × (1 USD/8.75 SVC)

In summary, while the CUP remains a current form of currency in Cuba, the SVC offers a glimpse into the economic history of El Salvador. Understanding the interplay between these currencies can help travelers and economists alike to appreciate the complexities of currency conversion and inflationary trends in different regions.

Cuban Peso to El Salvador Colon conversion table

CUP to SVC conversion table

Cuban Peso (CUP)El Salvador Colon (SVC)
1 CUP0.36466267682 SVC
2 CUP0.72932535365 SVC
3 CUP1.09398803047 SVC
4 CUP1.45865070729 SVC
5 CUP1.82331338411 SVC
6 CUP2.18797606094 SVC
7 CUP2.55263873776 SVC
8 CUP2.91730141458 SVC
9 CUP3.2819640914 SVC
10 CUP3.64662676823 SVC
100 CUP36.46626768226 SVC
200 CUP72.93253536453 SVC
300 CUP109.39880304679 SVC
400 CUP145.86507072905 SVC
500 CUP182.33133841132 SVC
600 CUP218.79760609358 SVC
700 CUP255.26387377584 SVC
800 CUP291.73014145811 SVC
900 CUP328.19640914037 SVC
1 000 CUP364.66267682263 SVC
2 000 CUP729.32535364527 SVC
5 000 CUP1 823.31338411317 SVC
10 000 CUP3 646.62676822633 SVC
20 000 CUP7 293.25353645267 SVC
50 000 CUP18 233.13384113167 SVC
100 000 CUP36 466.26768226333 SVC
Last updated February 12, 2025 at 12:55 PM