Cuban peso pound sterling exchange rate history (CUP GBP) November 2023

Cuban peso pound sterling history for November 2023. The highest quote for this month is 0.0345 (01/11/2023) and the lowest 0.034309 (01/11/2023). The difference between high and low is 0.55.

CUP GBP average rate for November 2023 is 0.03364, the change between 01/11/2023 and 30/11/2023 is +4.28 %.

01 November 2023	1 CUP = 0.0343 GBP
02 November 2023	1 CUP = 0.0343 GBP
03 November 2023	1 CUP = 0.0343 GBP
06 November 2023	1 CUP = 0.0340 GBP
07 November 2023	1 CUP = 0.0338 GBP
08 November 2023	1 CUP = 0.0340 GBP
09 November 2023	1 CUP = 0.0339 GBP
10 November 2023	1 CUP = 0.0341 GBP
12 November 2023	1 CUP = 0.0341 GBP
13 November 2023	1 CUP = 0.0342 GBP
14 November 2023	1 CUP = 0.0339 GBP
15 November 2023	1 CUP = 0.0334 GBP
16 November 2023	1 CUP = 0.0336 GBP
17 November 2023	1 CUP = 0.0336 GBP
19 November 2023	1 CUP = 0.0334 GBP
20 November 2023	1 CUP = 0.0337 GBP
21 November 2023	1 CUP = 0.0334 GBP
22 November 2023	1 CUP = 0.0333 GBP
23 November 2023	1 CUP = 0.0334 GBP
24 November 2023	1 CUP = 0.0333 GBP
26 November 2023	1 CUP = 0.0331 GBP
27 November 2023	1 CUP = 0.0332 GBP
28 November 2023	1 CUP = 0.0330 GBP
29 November 2023	1 CUP = 0.0328 GBP
30 November 2023	1 CUP = 0.0329 GBP

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).

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

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.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

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.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal currency.

01/01/1961: Nationalization of Banks

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

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.

Historic Cuban peso Pound sterling