Historic Chilean Peso Cuban peso

Chilean Peso cuban peso history for November 2023. The highest quote for this month is 0.027651 (26/11/2023) and the lowest 0.028444 (02/11/2023). The difference between high and low is -2.87.

CLP CUP average rate for November 2023 is 0.0271, the change between 01/11/2023 and 30/11/2023 is -3.03 %.

01 November 20231 CLP = 0.0268 CUP
02 November 20231 CLP = 0.0268 CUP
03 November 20231 CLP = 0.0270 CUP
06 November 20231 CLP = 0.0273 CUP
07 November 20231 CLP = 0.0272 CUP
08 November 20231 CLP = 0.0270 CUP
09 November 20231 CLP = 0.0267 CUP
10 November 20231 CLP = 0.0263 CUP
11 November 20231 CLP = 0.0263 CUP
12 November 20231 CLP = 0.0263 CUP
13 November 20231 CLP = 0.0265 CUP
14 November 20231 CLP = 0.0260 CUP
15 November 20231 CLP = 0.0269 CUP
16 November 20231 CLP = 0.0270 CUP
17 November 20231 CLP = 0.0272 CUP
18 November 20231 CLP = 0.0272 CUP
19 November 20231 CLP = 0.0272 CUP
20 November 20231 CLP = 0.0277 CUP
21 November 20231 CLP = 0.0273 CUP
22 November 20231 CLP = 0.0276 CUP
23 November 20231 CLP = 0.0275 CUP
24 November 20231 CLP = 0.0275 CUP
26 November 20231 CLP = 0.0277 CUP
27 November 20231 CLP = 0.0279 CUP
28 November 20231 CLP = 0.0275 CUP
29 November 20231 CLP = 0.0276 CUP
30 November 20231 CLP = 0.0276 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.