Historic Bermudian dollar Cuban peso

Bermudian dollar cuban peso history for November 2023. The highest quote for this month is 24.064 (07/11/2023) and the lowest 24 (11/11/2023). The difference between high and low is 0.27.

BMD CUP average rate for November 2023 is 23.95886, the change between 01/11/2023 and 30/11/2023 is +0.01 %.

01 November 20231 BMD = 23.97 CUP
02 November 20231 BMD = 23.96 CUP
03 November 20231 BMD = 23.93 CUP
06 November 20231 BMD = 23.78 CUP
07 November 20231 BMD = 23.98 CUP
08 November 20231 BMD = 23.95 CUP
09 November 20231 BMD = 23.99 CUP
10 November 20231 BMD = 23.97 CUP
11 November 20231 BMD = 24.00 CUP
12 November 20231 BMD = 24.00 CUP
13 November 20231 BMD = 23.89 CUP
14 November 20231 BMD = 23.99 CUP
15 November 20231 BMD = 23.96 CUP
16 November 20231 BMD = 23.99 CUP
17 November 20231 BMD = 23.99 CUP
18 November 20231 BMD = 24.00 CUP
19 November 20231 BMD = 24.00 CUP
20 November 20231 BMD = 23.86 CUP
21 November 20231 BMD = 23.97 CUP
22 November 20231 BMD = 23.96 CUP
23 November 20231 BMD = 23.96 CUP
24 November 20231 BMD = 23.99 CUP
25 November 20231 BMD = 24.00 CUP
26 November 20231 BMD = 24.00 CUP
27 November 20231 BMD = 23.89 CUP
28 November 20231 BMD = 23.98 CUP
29 November 20231 BMD = 23.96 CUP
30 November 20231 BMD = 23.97 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).

01/01/2019: Switch to the Bermuda dollar symbol

Bermuda officially adopted a new currency symbol for the Bermudian dollar, replacing the British pound sign used previously.

16/03/2015: Redesign of banknotes

The Bermuda Monetary Authority unveiled a redesigned series of banknotes featuring enhanced security features and updated designs.

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.

01/05/2012: Introduction of polymer banknotes

Bermuda introduced polymer banknotes to replace paper currency for better durability and security.

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.

01/01/1997: Incorporation into Federal Reserve System

The US Federal Reserve System incorporated the Bermuda Monetary Authority into its banking system.

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.

06/01/1982: New notes and coins

Bermuda issued new notes and coins, featuring iconic local sights, to commemorate its 375th anniversary.

25/02/1972: Introduction of decimal coins

Bermuda introduced a decimal currency system, replacing the old pounds, shillings, and pence.

06/07/1970: Currency Board Agreement

Bermuda established a Currency Board System, pegging the Bermudian dollar at par with the US dollar.

01/01/1961: Nationalization of Banks

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