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Easily convert CUP to XDR with ConvertOnline's efficient tool.
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.
Special Drawing Rights (XDR) is an international reserve asset created by the International Monetary Fund (IMF) to supplement its member countries' official reserves. It is not a currency in the traditional sense but rather a financial instrument that can be exchanged among member countries for freely usable currencies to stabilize their economies and support international trade.