Historic Barbadian dollar Cuban peso

Barbadian dollar cuban peso history for February 2024. The highest quote for this month is 12.153 (06/02/2024) and the lowest 12.154 (14/02/2024). The difference between high and low is -0.01.

BBD CUP average rate for February 2024 is 12.10966, the change between 01/02/2024 and 29/02/2024 is +0.01 %.

01 February 20241 BBD = 12.15 CUP
02 February 20241 BBD = 12.15 CUP
03 February 20241 BBD = 12.00 CUP
04 February 20241 BBD = 12.00 CUP
05 February 20241 BBD = 12.15 CUP
06 February 20241 BBD = 12.15 CUP
07 February 20241 BBD = 12.15 CUP
08 February 20241 BBD = 12.15 CUP
09 February 20241 BBD = 12.15 CUP
10 February 20241 BBD = 12.00 CUP
11 February 20241 BBD = 12.00 CUP
12 February 20241 BBD = 12.15 CUP
13 February 20241 BBD = 12.15 CUP
14 February 20241 BBD = 12.15 CUP
15 February 20241 BBD = 12.15 CUP
16 February 20241 BBD = 12.15 CUP
17 February 20241 BBD = 12.00 CUP
18 February 20241 BBD = 12.00 CUP
19 February 20241 BBD = 12.15 CUP
20 February 20241 BBD = 12.15 CUP
21 February 20241 BBD = 12.15 CUP
22 February 20241 BBD = 12.15 CUP
23 February 20241 BBD = 12.15 CUP
24 February 20241 BBD = 12.00 CUP
25 February 20241 BBD = 12.00 CUP
26 February 20241 BBD = 12.15 CUP
27 February 20241 BBD = 12.15 CUP
28 February 20241 BBD = 12.15 CUP
29 February 20241 BBD = 12.15 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).

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

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.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

25/10/2011: Currency Unification Announced

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

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.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

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.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

01/01/1961: Nationalization of Banks

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

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.
BBD CUP June 2023
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