Chilean Peso cuban peso exchange rate history (CLP CUP) October 2023

Chilean Peso cuban peso history for October 2023. The highest quote for this month is 0.027009 (01/10/2023) and the lowest 0.027032 (01/10/2023). The difference between high and low is -0.09.

CLP CUP average rate for October 2023 is 0.02595, the change between 01/10/2023 and 31/10/2023 is +2.29 %.

01 October 2023	1 CLP = 0.0270 CUP
02 October 2023	1 CLP = 0.0270 CUP
03 October 2023	1 CLP = 0.0264 CUP
04 October 2023	1 CLP = 0.0262 CUP
05 October 2023	1 CLP = 0.0262 CUP
06 October 2023	1 CLP = 0.0262 CUP
08 October 2023	1 CLP = 0.0262 CUP
09 October 2023	1 CLP = 0.0259 CUP
10 October 2023	1 CLP = 0.0260 CUP
11 October 2023	1 CLP = 0.0258 CUP
12 October 2023	1 CLP = 0.0259 CUP
13 October 2023	1 CLP = 0.0256 CUP
16 October 2023	1 CLP = 0.0255 CUP
17 October 2023	1 CLP = 0.0253 CUP
18 October 2023	1 CLP = 0.0256 CUP
19 October 2023	1 CLP = 0.0255 CUP
20 October 2023	1 CLP = 0.0255 CUP
22 October 2023	1 CLP = 0.0254 CUP
23 October 2023	1 CLP = 0.0253 CUP
24 October 2023	1 CLP = 0.0257 CUP
25 October 2023	1 CLP = 0.0259 CUP
26 October 2023	1 CLP = 0.0259 CUP
27 October 2023	1 CLP = 0.0258 CUP
29 October 2023	1 CLP = 0.0265 CUP
30 October 2023	1 CLP = 0.0260 CUP
31 October 2023	1 CLP = 0.0264 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.

Historic Chilean Peso Cuban peso