Historic Cuban peso Colombian Peso

Cuban peso colombian peso history for December 2023. The highest quote for this month is 167.65 (05/12/2023) and the lowest 167.47 (05/12/2023). The difference between high and low is 0.11.

CUP COP average rate for December 2023 is 164.59214, the change between 01/12/2023 and 31/12/2023 is +3.84 %.

01 December 20231 CUP = 167.5 COP
02 December 20231 CUP = 165.1 COP
03 December 20231 CUP = 165.1 COP
04 December 20231 CUP = 165.6 COP
05 December 20231 CUP = 167.6 COP
06 December 20231 CUP = 167.3 COP
07 December 20231 CUP = 166.6 COP
08 December 20231 CUP = 166.6 COP
10 December 20231 CUP = 165.9 COP
11 December 20231 CUP = 164.4 COP
12 December 20231 CUP = 165.3 COP
13 December 20231 CUP = 166.3 COP
14 December 20231 CUP = 165.5 COP
15 December 20231 CUP = 165.4 COP
16 December 20231 CUP = 164.3 COP
17 December 20231 CUP = 164.3 COP
18 December 20231 CUP = 163.7 COP
19 December 20231 CUP = 164.1 COP
20 December 20231 CUP = 164.5 COP
21 December 20231 CUP = 164.4 COP
22 December 20231 CUP = 164.6 COP
23 December 20231 CUP = 162.8 COP
24 December 20231 CUP = 162.8 COP
25 December 20231 CUP = 162.7 COP
26 December 20231 CUP = 164.6 COP
27 December 20231 CUP = 160.7 COP
28 December 20231 CUP = 159.9 COP
29 December 20231 CUP = 161.0 COP

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).

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the economy.

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.

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

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.

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high inflation.

01/01/1961: Nationalization of Banks

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

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.
CUP COP July 2023
CUP COP August 2023
CUP COP September 2023
CUP COP October 2023
CUP COP November 2023
CUP COP December 2023
CUP COP January 2024
CUP COP February 2024
CUP COP March 2024
CUP COP April 2024
CUP COP May 2024
CUP COP June 2024
CUP COP July 2024