Historic Cuban peso Bermudian dollar

Cuban peso bermudian dollar history for January 2024. The highest quote for this month is 0.041736 (08/01/2024) and the lowest 0.041841 (08/01/2024). The difference between high and low is -0.25.

CUP BMD average rate for January 2024 is 0.0417, the change between 01/01/2024 and 31/01/2024 is -0.2 %.

01 January 20241 CUP = 0.0416 BMD
02 January 20241 CUP = 0.0416 BMD
03 January 20241 CUP = 0.0417 BMD
04 January 20241 CUP = 0.0418 BMD
05 January 20241 CUP = 0.0417 BMD
06 January 20241 CUP = 0.0417 BMD
07 January 20241 CUP = 0.0417 BMD
08 January 20241 CUP = 0.0418 BMD
09 January 20241 CUP = 0.0417 BMD
10 January 20241 CUP = 0.0417 BMD
11 January 20241 CUP = 0.0417 BMD
12 January 20241 CUP = 0.0417 BMD
13 January 20241 CUP = 0.0417 BMD
14 January 20241 CUP = 0.0417 BMD
15 January 20241 CUP = 0.0418 BMD
16 January 20241 CUP = 0.0418 BMD
17 January 20241 CUP = 0.0417 BMD
18 January 20241 CUP = 0.0417 BMD
19 January 20241 CUP = 0.0417 BMD
20 January 20241 CUP = 0.0417 BMD
21 January 20241 CUP = 0.0417 BMD
22 January 20241 CUP = 0.0417 BMD
23 January 20241 CUP = 0.0417 BMD
24 January 20241 CUP = 0.0417 BMD
25 January 20241 CUP = 0.0417 BMD
26 January 20241 CUP = 0.0417 BMD
27 January 20241 CUP = 0.0417 BMD
28 January 20241 CUP = 0.0417 BMD
29 January 20241 CUP = 0.0417 BMD
30 January 20241 CUP = 0.0417 BMD
31 January 20241 CUP = 0.0417 BMD

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).

01/01/2019: Switch to the Bermuda dollar symbol

Bermuda officially adopted a new currency symbol for the Bermudian dollar, replacing the British pound sign used previously.

16/03/2015: Redesign of banknotes

The Bermuda Monetary Authority unveiled a redesigned series of banknotes featuring enhanced security features and updated designs.

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.

01/05/2012: Introduction of polymer banknotes

Bermuda introduced polymer banknotes to replace paper currency for better durability and security.

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.

01/01/1997: Incorporation into Federal Reserve System

The US Federal Reserve System incorporated the Bermuda Monetary Authority into its banking system.

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.

06/01/1982: New notes and coins

Bermuda issued new notes and coins, featuring iconic local sights, to commemorate its 375th anniversary.

25/02/1972: Introduction of decimal coins

Bermuda introduced a decimal currency system, replacing the old pounds, shillings, and pence.

06/07/1970: Currency Board Agreement

Bermuda established a Currency Board System, pegging the Bermudian dollar at par with the US dollar.

01/01/1961: Nationalization of Banks

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