Historic Chilean Peso Cuban peso

Chilean Peso cuban peso history for August 2023. The highest quote for this month is 0.028471 (01/08/2023) and the lowest 0.029005 (01/08/2023). The difference between high and low is -1.88.

CLP CUP average rate for August 2023 is 0.02799, the change between 01/08/2023 and 31/08/2023 is +1.35 %.

01 August 20231 CLP = 0.0285 CUP
02 August 20231 CLP = 0.0285 CUP
03 August 20231 CLP = 0.0284 CUP
04 August 20231 CLP = 0.0282 CUP
05 August 20231 CLP = 0.0282 CUP
07 August 20231 CLP = 0.0281 CUP
08 August 20231 CLP = 0.0279 CUP
09 August 20231 CLP = 0.0279 CUP
10 August 20231 CLP = 0.0278 CUP
11 August 20231 CLP = 0.0283 CUP
12 August 20231 CLP = 0.0279 CUP
14 August 20231 CLP = 0.0280 CUP
15 August 20231 CLP = 0.0279 CUP
16 August 20231 CLP = 0.0278 CUP
17 August 20231 CLP = 0.0276 CUP
18 August 20231 CLP = 0.0277 CUP
20 August 20231 CLP = 0.0276 CUP
21 August 20231 CLP = 0.0275 CUP
22 August 20231 CLP = 0.0276 CUP
23 August 20231 CLP = 0.0276 CUP
24 August 20231 CLP = 0.0276 CUP
25 August 20231 CLP = 0.0282 CUP
28 August 20231 CLP = 0.0284 CUP
29 August 20231 CLP = 0.0282 CUP
30 August 20231 CLP = 0.0280 CUP
31 August 20231 CLP = 0.0282 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.

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.

29/09/1977: Decimals Introduced

Chile replaced the escudo with the decimal centavo as the subunit of the peso, simplifying its monetary system.

29/09/1975: Floating Exchange Rate

Chile moved from a fixed to a floating exchange rate system, allowing the peso to be determined by market forces.

01/01/1961: Nationalization of Banks

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

02/01/1958: Introduction of Escudo as Subunit

The subunit of 1/100 peso, called the escudo, was introduced to facilitate smaller transactions in Chile.

31/12/1925: Creation of the Central Bank of Chile

The Central Bank of Chile was established, gaining authority over the country's currency issuance and monetary policy.

25/06/1895: Gold Standard Adoption

Chile adopted the gold standard, tying the value of the Chilean Peso to the price of gold and stabilizing its currency.

15/06/1851: First Peso Coinage

The first official peso coins were introduced by the Chilean government, replacing the Spanish colonial currency.

12/02/1817: Chilean Independence

Chile gained independence from Spain, leading to the establishment of the Chilean Peso as its official currency.
CLP CUP July 2023
CLP CUP August 2023
CLP CUP September 2023
CLP CUP October 2023
CLP CUP November 2023
CLP CUP December 2023
CLP CUP January 2024
CLP CUP February 2024
CLP CUP March 2024
CLP CUP April 2024
CLP CUP May 2024
CLP CUP June 2024
CLP CUP July 2024