Historic Cuban peso Danish Krone

Cuban peso danish krone history for November 2023. The highest quote for this month is 0.29609 (01/11/2023) and the lowest 0.29441 (01/11/2023). The difference between high and low is 0.57.

CUP DKK average rate for November 2023 is 0.28803, the change between 01/11/2023 and 30/11/2023 is +3.68 %.

01 November 20231 CUP = 0.2944 DKK
02 November 20231 CUP = 0.2943 DKK
03 November 20231 CUP = 0.2938 DKK
06 November 20231 CUP = 0.2924 DKK
07 November 20231 CUP = 0.2902 DKK
08 November 20231 CUP = 0.2911 DKK
09 November 20231 CUP = 0.2903 DKK
10 November 20231 CUP = 0.2916 DKK
12 November 20231 CUP = 0.2907 DKK
13 November 20231 CUP = 0.2920 DKK
14 November 20231 CUP = 0.2905 DKK
15 November 20231 CUP = 0.2862 DKK
16 November 20231 CUP = 0.2864 DKK
17 November 20231 CUP = 0.2864 DKK
19 November 20231 CUP = 0.2846 DKK
20 November 20231 CUP = 0.2866 DKK
21 November 20231 CUP = 0.2842 DKK
22 November 20231 CUP = 0.2850 DKK
23 November 20231 CUP = 0.2857 DKK
24 November 20231 CUP = 0.2850 DKK
26 November 20231 CUP = 0.2840 DKK
27 November 20231 CUP = 0.2852 DKK
28 November 20231 CUP = 0.2838 DKK
29 November 20231 CUP = 0.2828 DKK
30 November 20231 CUP = 0.2835 DKK

04/02/2021: Ending of Intervention Policy

Denmark's central bank announced the end of its long-standing policy of defending the Krone's peg to the Euro.

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.

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

31/12/1998: Euro peg

Denmark joined the European Exchange Rate Mechanism (ERM II), pegging the Krone to the Euro with a narrow fluctuation band.

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.

24/03/1982: Floating Exchange Rate

Denmark switched to a floating exchange rate regime, allowing the Krone's value 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.

21/07/1944: Bretton Woods Agreement

Denmark became a member of the International Monetary Fund (IMF) and agreed to the Bretton Woods system, pegging the Krone to the US dollar.

10/09/1927: Return to Gold Standard

Denmark abandoned the gold standard due to economic pressures and public debt.

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.