Historic Pound sterling Cuban peso

Pound sterling cuban peso history for January 2024. The highest quote for this month is 30.61 (14/01/2024) and the lowest 30.634 (12/01/2024). The difference between high and low is -0.08.

GBP CUP average rate for January 2024 is 30.46781, the change between 01/01/2024 and 31/01/2024 is +0.47 %.

01 January 20241 GBP = 30.58 CUP
02 January 20241 GBP = 30.60 CUP
03 January 20241 GBP = 30.27 CUP
04 January 20241 GBP = 30.36 CUP
05 January 20241 GBP = 30.40 CUP
07 January 20241 GBP = 30.52 CUP
08 January 20241 GBP = 30.40 CUP
09 January 20241 GBP = 30.54 CUP
10 January 20241 GBP = 30.47 CUP
11 January 20241 GBP = 30.55 CUP
12 January 20241 GBP = 30.64 CUP
14 January 20241 GBP = 30.61 CUP
15 January 20241 GBP = 30.49 CUP
16 January 20241 GBP = 30.46 CUP
17 January 20241 GBP = 30.34 CUP
18 January 20241 GBP = 30.39 CUP
19 January 20241 GBP = 30.47 CUP
21 January 20241 GBP = 30.49 CUP
22 January 20241 GBP = 30.42 CUP
23 January 20241 GBP = 30.45 CUP
24 January 20241 GBP = 30.41 CUP
25 January 20241 GBP = 30.48 CUP
26 January 20241 GBP = 30.48 CUP
28 January 20241 GBP = 30.47 CUP
29 January 20241 GBP = 30.47 CUP
30 January 20241 GBP = 30.46 CUP
31 January 20241 GBP = 30.43 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
GBP CUP August 2023
GBP CUP September 2023
GBP CUP October 2023
GBP CUP November 2023
GBP CUP December 2023
GBP CUP January 2024
GBP CUP February 2024
GBP CUP March 2024
GBP CUP April 2024
GBP CUP May 2024
GBP CUP June 2024
GBP CUP July 2024