Cuban peso chilean peso exchange rate history (CUP CLP) December 2023

Cuban peso chilean peso history for December 2023. The highest quote for this month is 37.538 (26/12/2023) and the lowest 36.992 (24/12/2023). The difference between high and low is 1.45.

CUP CLP average rate for December 2023 is 36.3131, the change between 01/12/2023 and 31/12/2023 is -0.77 %.

01 December 2023	1 CUP = 36.30 CLP
02 December 2023	1 CUP = 35.53 CLP
03 December 2023	1 CUP = 35.53 CLP
04 December 2023	1 CUP = 35.67 CLP
05 December 2023	1 CUP = 36.17 CLP
06 December 2023	1 CUP = 36.65 CLP
07 December 2023	1 CUP = 36.26 CLP
08 December 2023	1 CUP = 36.36 CLP
09 December 2023	1 CUP = 36.12 CLP
10 December 2023	1 CUP = 36.12 CLP
11 December 2023	1 CUP = 35.81 CLP
12 December 2023	1 CUP = 36.77 CLP
13 December 2023	1 CUP = 36.58 CLP
14 December 2023	1 CUP = 36.49 CLP
15 December 2023	1 CUP = 36.10 CLP
16 December 2023	1 CUP = 36.10 CLP
17 December 2023	1 CUP = 36.10 CLP
18 December 2023	1 CUP = 35.58 CLP
19 December 2023	1 CUP = 36.45 CLP
20 December 2023	1 CUP = 36.00 CLP
21 December 2023	1 CUP = 36.30 CLP
22 December 2023	1 CUP = 36.66 CLP
24 December 2023	1 CUP = 36.99 CLP
25 December 2023	1 CUP = 35.98 CLP
26 December 2023	1 CUP = 37.18 CLP
27 December 2023	1 CUP = 37.15 CLP
28 December 2023	1 CUP = 36.86 CLP
29 December 2023	1 CUP = 36.71 CLP
31 December 2023	1 CUP = 36.58 CLP

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 Cuban peso Chilean Peso