Historic Cuban peso Canadian dollar

Cuban peso canadian dollar history for January 2024. The highest quote for this month is 0.056412 (18/01/2024) and the lowest 0.056324 (18/01/2024). The difference between high and low is 0.16.

CUP CAD average rate for January 2024 is 0.05591, the change between 01/01/2024 and 31/01/2024 is -1.44 %.

01 January 20241 CUP = 0.0551 CAD
02 January 20241 CUP = 0.0551 CAD
03 January 20241 CUP = 0.0556 CAD
04 January 20241 CUP = 0.0557 CAD
05 January 20241 CUP = 0.0557 CAD
06 January 20241 CUP = 0.0557 CAD
07 January 20241 CUP = 0.0557 CAD
08 January 20241 CUP = 0.0559 CAD
09 January 20241 CUP = 0.0557 CAD
10 January 20241 CUP = 0.0559 CAD
11 January 20241 CUP = 0.0558 CAD
12 January 20241 CUP = 0.0558 CAD
13 January 20241 CUP = 0.0559 CAD
14 January 20241 CUP = 0.0559 CAD
15 January 20241 CUP = 0.0560 CAD
16 January 20241 CUP = 0.0561 CAD
17 January 20241 CUP = 0.0562 CAD
18 January 20241 CUP = 0.0563 CAD
19 January 20241 CUP = 0.0563 CAD
20 January 20241 CUP = 0.0560 CAD
21 January 20241 CUP = 0.0560 CAD
22 January 20241 CUP = 0.0561 CAD
23 January 20241 CUP = 0.0562 CAD
24 January 20241 CUP = 0.0562 CAD
25 January 20241 CUP = 0.0564 CAD
26 January 20241 CUP = 0.0562 CAD
27 January 20241 CUP = 0.0560 CAD
28 January 20241 CUP = 0.0560 CAD
29 January 20241 CUP = 0.0561 CAD
30 January 20241 CUP = 0.0560 CAD
31 January 20241 CUP = 0.0559 CAD

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.

07/11/2013: Change in banknote design and security features

The Bank of Canada introduced new polymer banknotes with enhanced security features and redesigned motifs, replacing the paper-based notes in circulation since 1935.

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.

15/08/1971: Canada switches to a floating exchange rate

Canada abandoned its fixed exchange rate system and adopted a floating exchange rate, allowing the value of the Canadian dollar to fluctuate in response to market forces.

01/01/1961: Nationalization of Banks

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

01/03/1950: Introduction of the Canadian dollar's decimalization

Canada adopted a decimal currency system, dividing the dollar into 100 cents, replacing the previous system based on pounds, shillings, and pence.

01/01/1933: Currency depreciation during the Great Depression

The Canadian dollar experienced significant depreciation during the Great Depression due to economic uncertainty and a decrease in international trade.

02/01/1914: Introduction of the Canadian Dollar Act

The Canadian Dollar Act established the Canadian dollar as the sole currency of Canada and gave the government control over its issuance.

01/01/1858: Introduction of the Canadian dollar

The Canadian pound was replaced by the Canadian dollar as the official currency of Canada, helping to unify the currency across the country.

01/01/1841: Introduction of the Canadian pound

The first Canadian currency was the Canadian pound, which was introduced to replace British pounds in the Province of Canada.
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