Historic Barbadian dollar Cuban peso

Barbadian dollar cuban peso history for October 2023. The highest quote for this month is 12.159 (05/10/2023) and the lowest 12.159 (06/10/2023). The difference between high and low is 0.

BBD CUP average rate for October 2023 is 12.11848, the change between 01/10/2023 and 31/10/2023 is -1.31 %.

01 October 20231 BBD = 12.00 CUP
02 October 20231 BBD = 12.16 CUP
03 October 20231 BBD = 12.15 CUP
04 October 20231 BBD = 12.15 CUP
05 October 20231 BBD = 12.16 CUP
06 October 20231 BBD = 12.16 CUP
07 October 20231 BBD = 12.00 CUP
08 October 20231 BBD = 12.00 CUP
09 October 20231 BBD = 12.16 CUP
10 October 20231 BBD = 12.16 CUP
11 October 20231 BBD = 12.16 CUP
12 October 20231 BBD = 12.16 CUP
13 October 20231 BBD = 12.16 CUP
16 October 20231 BBD = 12.16 CUP
17 October 20231 BBD = 12.16 CUP
18 October 20231 BBD = 12.16 CUP
19 October 20231 BBD = 12.16 CUP
20 October 20231 BBD = 12.16 CUP
21 October 20231 BBD = 12.00 CUP
22 October 20231 BBD = 12.00 CUP
23 October 20231 BBD = 12.16 CUP
24 October 20231 BBD = 12.16 CUP
25 October 20231 BBD = 12.16 CUP
26 October 20231 BBD = 12.16 CUP
27 October 20231 BBD = 12.16 CUP
28 October 20231 BBD = 12.00 CUP
29 October 20231 BBD = 12.00 CUP
30 October 20231 BBD = 12.16 CUP
31 October 20231 BBD = 12.16 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.
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