Historic Bermudian dollar Cuban peso

Bermudian dollar cuban peso history for October 2023. The highest quote for this month is 24.152 (13/10/2023) and the lowest 24 (01/10/2023). The difference between high and low is 0.63.

BMD CUP average rate for October 2023 is 23.96972, the change between 01/10/2023 and 31/10/2023 is +0.19 %.

01 October 20231 BMD = 24.00 CUP
02 October 20231 BMD = 24.02 CUP
03 October 20231 BMD = 23.98 CUP
04 October 20231 BMD = 23.98 CUP
05 October 20231 BMD = 23.95 CUP
06 October 20231 BMD = 23.91 CUP
07 October 20231 BMD = 24.00 CUP
08 October 20231 BMD = 24.00 CUP
09 October 20231 BMD = 23.87 CUP
10 October 20231 BMD = 23.97 CUP
11 October 20231 BMD = 23.98 CUP
12 October 20231 BMD = 23.98 CUP
13 October 20231 BMD = 23.97 CUP
16 October 20231 BMD = 23.98 CUP
17 October 20231 BMD = 23.98 CUP
18 October 20231 BMD = 23.94 CUP
19 October 20231 BMD = 23.97 CUP
20 October 20231 BMD = 23.96 CUP
21 October 20231 BMD = 24.00 CUP
22 October 20231 BMD = 24.00 CUP
23 October 20231 BMD = 23.93 CUP
24 October 20231 BMD = 23.96 CUP
25 October 20231 BMD = 23.97 CUP
26 October 20231 BMD = 23.97 CUP
27 October 20231 BMD = 23.98 CUP
28 October 20231 BMD = 24.00 CUP
29 October 20231 BMD = 24.00 CUP
30 October 20231 BMD = 23.92 CUP
31 October 20231 BMD = 23.95 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.