Historic Belize dollar Cuban peso

Belize dollar cuban peso history for October 2023. The highest quote for this month is 12.181 (04/10/2023) and the lowest 12.182 (03/10/2023). The difference between high and low is -0.01.

BZD CUP average rate for October 2023 is 12.14785, the change between 01/10/2023 and 31/10/2023 is -1.37 %.

01 October 20231 BZD = 12.01 CUP
02 October 20231 BZD = 12.18 CUP
03 October 20231 BZD = 12.18 CUP
04 October 20231 BZD = 12.18 CUP
05 October 20231 BZD = 12.18 CUP
06 October 20231 BZD = 12.18 CUP
07 October 20231 BZD = 12.01 CUP
09 October 20231 BZD = 12.18 CUP
10 October 20231 BZD = 12.18 CUP
11 October 20231 BZD = 12.18 CUP
12 October 20231 BZD = 12.18 CUP
13 October 20231 BZD = 12.18 CUP
16 October 20231 BZD = 12.18 CUP
17 October 20231 BZD = 12.18 CUP
18 October 20231 BZD = 12.18 CUP
19 October 20231 BZD = 12.18 CUP
20 October 20231 BZD = 12.18 CUP
21 October 20231 BZD = 12.01 CUP
22 October 20231 BZD = 12.01 CUP
23 October 20231 BZD = 12.18 CUP
24 October 20231 BZD = 12.18 CUP
25 October 20231 BZD = 12.18 CUP
26 October 20231 BZD = 12.18 CUP
27 October 20231 BZD = 12.18 CUP
29 October 20231 BZD = 12.01 CUP
30 October 20231 BZD = 12.18 CUP
31 October 20231 BZD = 12.18 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).

01/05/2017: Introduction of a two-dollar coin

Belize introduced a new denomination in the form of a two-dollar coin, reducing the dependency on smaller denomination 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.

26/09/2011: Launching of new designs

The Central Bank of Belize introduced a new series of banknotes with updated designs, depicting prominent national landmarks and personalities.

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.

24/06/2001: Introduction of polymer banknotes

Belize became one of the first countries in the region to introduce polymer banknotes, enhancing durability and security.

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.

01/04/1990: Establishment of the Central Bank of Belize

The Central Bank of Belize was established to oversee monetary policies and ensure financial stability in the country.

01/12/1982: Conversion to decimal currency

Belize adopted a decimal currency system with the introduction of a new series of banknotes and coins.

01/07/1978: Independence of Belize

Belize gained independence from the United Kingdom, solidifying the Belize dollar as the national currency.

01/11/1976: Introduction of the Belize dollar

The Belize dollar was introduced as the official currency of Belize to replace the British Honduran dollar.

01/01/1961: Nationalization of Banks

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