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The Cuban Peso (CUP) is the official currency of Cuba, primarily used for everyday transactions within the country. It is distinct from the Cuban Convertible Peso (CUC), which was previously used for tourism and foreign transactions, and serves to regulate the local economy and control inflation.
The Turkish Lira (TRY) is the official currency of Turkey and the Turkish Republic of Northern Cyprus. It serves as a medium of exchange for goods and services within the country and plays a crucial role in the Turkish economy.