Historic Pound sterling Cuban peso

Pound sterling cuban peso history for December 2023. The highest quote for this month is 30.567 (29/12/2023) and the lowest 30.686 (27/12/2023). The difference between high and low is -0.39.

GBP CUP average rate for December 2023 is 30.38154, the change between 01/12/2023 and 31/12/2023 is -0.9 %.

01 December 20231 GBP = 30.28 CUP
03 December 20231 GBP = 30.52 CUP
04 December 20231 GBP = 30.50 CUP
05 December 20231 GBP = 30.30 CUP
06 December 20231 GBP = 30.19 CUP
07 December 20231 GBP = 30.15 CUP
08 December 20231 GBP = 30.20 CUP
10 December 20231 GBP = 30.12 CUP
11 December 20231 GBP = 30.15 CUP
12 December 20231 GBP = 30.12 CUP
13 December 20231 GBP = 30.14 CUP
14 December 20231 GBP = 30.26 CUP
15 December 20231 GBP = 30.61 CUP
17 December 20231 GBP = 30.43 CUP
18 December 20231 GBP = 30.54 CUP
19 December 20231 GBP = 30.33 CUP
20 December 20231 GBP = 30.50 CUP
21 December 20231 GBP = 30.30 CUP
22 December 20231 GBP = 30.40 CUP
24 December 20231 GBP = 30.48 CUP
25 December 20231 GBP = 30.42 CUP
26 December 20231 GBP = 30.49 CUP
27 December 20231 GBP = 30.57 CUP
28 December 20231 GBP = 30.69 CUP
29 December 20231 GBP = 30.68 CUP
31 December 20231 GBP = 30.56 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).

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

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.

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.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

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.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal currency.

01/01/1961: Nationalization of Banks

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

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.
GBP CUP July 2023
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