Historic Aruban florin Cuban peso

Aruban florin cuban peso history for January 2024. The highest quote for this month is 13.915 (25/01/2024) and the lowest 13.904 (25/01/2024). The difference between high and low is 0.08.

AWG CUP average rate for January 2024 is 13.40367, the change between 01/01/2024 and 31/01/2024 is +0.07 %.

01 January 20241 AWG = 13.40 CUP
02 January 20241 AWG = 13.43 CUP
03 January 20241 AWG = 13.40 CUP
04 January 20241 AWG = 13.36 CUP
05 January 20241 AWG = 13.37 CUP
06 January 20241 AWG = 13.41 CUP
07 January 20241 AWG = 13.41 CUP
08 January 20241 AWG = 13.36 CUP
09 January 20241 AWG = 13.39 CUP
10 January 20241 AWG = 13.39 CUP
11 January 20241 AWG = 13.37 CUP
12 January 20241 AWG = 13.39 CUP
14 January 20241 AWG = 13.41 CUP
15 January 20241 AWG = 13.37 CUP
16 January 20241 AWG = 13.38 CUP
17 January 20241 AWG = 13.39 CUP
18 January 20241 AWG = 13.39 CUP
19 January 20241 AWG = 13.37 CUP
22 January 20241 AWG = 13.38 CUP
23 January 20241 AWG = 13.37 CUP
24 January 20241 AWG = 13.37 CUP
25 January 20241 AWG = 13.89 CUP
26 January 20241 AWG = 13.36 CUP
28 January 20241 AWG = 13.41 CUP
29 January 20241 AWG = 13.37 CUP
30 January 20241 AWG = 13.37 CUP
31 January 20241 AWG = 13.39 CUP

01/01/2021: End of Monetary Dualism

The Cuban government completed the currency unification process, eliminating the convertible peso (CUC) and establishing a single currency system with the Cuban peso (CUP).

01/03/2018: Redenomination of the Aruban florin

Aruba redenominated its currency, replacing 1,000 florins with 1 florin, simplifying transactions and reducing the size of banknotes.

20/12/2013: Currency Unification Implementation

The Cuban government officially started the process of currency unification, gradually phasing out the convertible peso (CUC) and improving monetary policy.

25/10/2011: Currency Unification Announced

The Cuban government announced plans to eliminate the dual currency system and unify the CUP and CUC.

01/01/2011: Introduction of polymer banknotes

Aruba introduced polymer banknotes, made from a durable and secure polymer substrate, to enhance the durability and security of its currency.

08/12/2004: Elimination of US Dollar Circulation

The Cuban government announced the withdrawal of the US dollar as legal tender and introduced the convertible peso (CUC) as a replacement.

01/01/2003: Replacement of older banknotes

Older series of banknotes were phased out and replaced by newer and more secure banknotes featuring enhanced anti-counterfeiting measures.

01/01/2000: Adoption of new currency symbol

The Aruban florin adopted a new symbol, ƒ, to distinguish itself from other currencies.

07/12/1994: Dollarization Decree

Cubans were allowed to hold and transact in foreign currencies, primarily the US dollar, to counter the economic crisis.

01/08/1994: Special Period

The Cuban economy faced a severe crisis due to the collapse of the Soviet Union, leading to currency devaluation and economic reforms.

01/01/1993: Currency reform

A currency reform took place in Aruba, with the introduction of a new series of banknotes and the demonetization of certain older banknotes.

01/01/1990: Introduction of the guilders coins

Aruba introduced its own series of coins denominated in guilders, featuring unique designs and symbols reflective of Aruban culture.

01/01/1986: Introduction of the Aruban florin

The Aruban florin was established as the official currency of Aruba, replacing the Dutch guilder at a fixed rate of 1.79 florin to 1 guilder.

01/01/1961: Nationalization of Banks

The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.