Historic Cuban peso Chilean Peso

Cuban peso chilean peso history for November 2023. The highest quote for this month is 38.492 (14/11/2023) and the lowest 38.11 (13/11/2023). The difference between high and low is 0.99.

CUP CLP average rate for November 2023 is 36.90707, the change between 01/11/2023 and 30/11/2023 is +2.94 %.

01 November 20231 CUP = 37.37 CLP
02 November 20231 CUP = 37.36 CLP
03 November 20231 CUP = 37.05 CLP
06 November 20231 CUP = 36.58 CLP
07 November 20231 CUP = 36.76 CLP
08 November 20231 CUP = 36.98 CLP
09 November 20231 CUP = 37.45 CLP
10 November 20231 CUP = 38.00 CLP
11 November 20231 CUP = 37.98 CLP
12 November 20231 CUP = 37.98 CLP
13 November 20231 CUP = 37.75 CLP
14 November 20231 CUP = 38.45 CLP
15 November 20231 CUP = 37.18 CLP
16 November 20231 CUP = 36.98 CLP
17 November 20231 CUP = 36.72 CLP
18 November 20231 CUP = 36.75 CLP
19 November 20231 CUP = 36.75 CLP
20 November 20231 CUP = 36.06 CLP
21 November 20231 CUP = 36.63 CLP
22 November 20231 CUP = 36.29 CLP
23 November 20231 CUP = 36.36 CLP
24 November 20231 CUP = 36.39 CLP
26 November 20231 CUP = 36.13 CLP
27 November 20231 CUP = 35.79 CLP
28 November 20231 CUP = 36.31 CLP
29 November 20231 CUP = 36.20 CLP
30 November 20231 CUP = 36.27 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.