Historic Colombian Peso Cuban peso

Colombian Peso cuban peso history for January 2024. The highest quote for this month is 0.006194 (01/01/2024) and the lowest 0.006261 (01/01/2024). The difference between high and low is -1.08.

COP CUP average rate for January 2024 is 0.00614, the change between 01/01/2024 and 31/01/2024 is +2.32 %.

01 January 20241 COP = 0.0063 CUP
02 January 20241 COP = 0.0062 CUP
03 January 20241 COP = 0.0062 CUP
04 January 20241 COP = 0.0061 CUP
05 January 20241 COP = 0.0061 CUP
06 January 20241 COP = 0.0062 CUP
07 January 20241 COP = 0.0062 CUP
08 January 20241 COP = 0.0062 CUP
09 January 20241 COP = 0.0062 CUP
10 January 20241 COP = 0.0061 CUP
11 January 20241 COP = 0.0061 CUP
12 January 20241 COP = 0.0061 CUP
14 January 20241 COP = 0.0061 CUP
15 January 20241 COP = 0.0062 CUP
16 January 20241 COP = 0.0061 CUP
17 January 20241 COP = 0.0061 CUP
18 January 20241 COP = 0.0061 CUP
19 January 20241 COP = 0.0061 CUP
22 January 20241 COP = 0.0062 CUP
23 January 20241 COP = 0.0061 CUP
24 January 20241 COP = 0.0061 CUP
25 January 20241 COP = 0.0061 CUP
26 January 20241 COP = 0.0061 CUP
28 January 20241 COP = 0.0062 CUP
29 January 20241 COP = 0.0062 CUP
30 January 20241 COP = 0.0061 CUP
31 January 20241 COP = 0.0061 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).

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the economy.

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.

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

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.

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high inflation.

01/01/1961: Nationalization of Banks

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

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.
COP CUP July 2023
COP CUP August 2023
COP CUP September 2023
COP CUP October 2023
COP CUP November 2023
COP CUP December 2023
COP CUP January 2024
COP CUP February 2024
COP CUP March 2024
COP CUP April 2024
COP CUP May 2024
COP CUP June 2024
COP CUP July 2024