Historic Canadian dollar Cuban peso

Canadian dollar cuban peso history for December 2023. The highest quote for this month is 18.144 (27/12/2023) and the lowest 18.229 (25/12/2023). The difference between high and low is -0.47.

CAD CUP average rate for December 2023 is 17.89058, the change between 01/12/2023 and 31/12/2023 is -2.46 %.

01 December 20231 CAD = 17.69 CUP
02 December 20231 CAD = 17.78 CUP
03 December 20231 CAD = 17.78 CUP
04 December 20231 CAD = 17.78 CUP
05 December 20231 CAD = 17.72 CUP
06 December 20231 CAD = 17.64 CUP
07 December 20231 CAD = 17.66 CUP
08 December 20231 CAD = 17.64 CUP
09 December 20231 CAD = 17.66 CUP
10 December 20231 CAD = 17.67 CUP
11 December 20231 CAD = 17.68 CUP
12 December 20231 CAD = 17.67 CUP
13 December 20231 CAD = 17.65 CUP
14 December 20231 CAD = 17.75 CUP
15 December 20231 CAD = 17.88 CUP
16 December 20231 CAD = 17.94 CUP
17 December 20231 CAD = 17.96 CUP
18 December 20231 CAD = 18.01 CUP
19 December 20231 CAD = 17.89 CUP
20 December 20231 CAD = 17.96 CUP
21 December 20231 CAD = 17.95 CUP
22 December 20231 CAD = 18.04 CUP
23 December 20231 CAD = 18.08 CUP
24 December 20231 CAD = 18.09 CUP
25 December 20231 CAD = 18.10 CUP
26 December 20231 CAD = 18.11 CUP
27 December 20231 CAD = 18.20 CUP
28 December 20231 CAD = 18.16 CUP
29 December 20231 CAD = 18.21 CUP
30 December 20231 CAD = 18.12 CUP
31 December 20231 CAD = 18.12 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).

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.

07/11/2013: Change in banknote design and security features

The Bank of Canada introduced new polymer banknotes with enhanced security features and redesigned motifs, replacing the paper-based notes in circulation since 1935.

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.

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.

15/08/1971: Canada switches to a floating exchange rate

Canada abandoned its fixed exchange rate system and adopted a floating exchange rate, allowing the value of the Canadian dollar to fluctuate in response to market forces.

01/01/1961: Nationalization of Banks

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

01/03/1950: Introduction of the Canadian dollar's decimalization

Canada adopted a decimal currency system, dividing the dollar into 100 cents, replacing the previous system based on pounds, shillings, and pence.

01/01/1933: Currency depreciation during the Great Depression

The Canadian dollar experienced significant depreciation during the Great Depression due to economic uncertainty and a decrease in international trade.

02/01/1914: Introduction of the Canadian Dollar Act

The Canadian Dollar Act established the Canadian dollar as the sole currency of Canada and gave the government control over its issuance.

01/01/1858: Introduction of the Canadian dollar

The Canadian pound was replaced by the Canadian dollar as the official currency of Canada, helping to unify the currency across the country.

01/01/1841: Introduction of the Canadian pound

The first Canadian currency was the Canadian pound, which was introduced to replace British pounds in the Province of Canada.
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