Historic Cuban peso Euro

Cuban peso euro history for December 2023. The highest quote for this month is 0.038866 (08/12/2023) and the lowest 0.038704 (10/12/2023). The difference between high and low is 0.42.

CUP EUR average rate for December 2023 is 0.03818, the change between 01/12/2023 and 31/12/2023 is +1.44 %.

01 December 20231 CUP = 0.0383 EUR
03 December 20231 CUP = 0.0383 EUR
04 December 20231 CUP = 0.0383 EUR
05 December 20231 CUP = 0.0385 EUR
06 December 20231 CUP = 0.0387 EUR
07 December 20231 CUP = 0.0387 EUR
08 December 20231 CUP = 0.0386 EUR
10 December 20231 CUP = 0.0387 EUR
11 December 20231 CUP = 0.0387 EUR
12 December 20231 CUP = 0.0387 EUR
13 December 20231 CUP = 0.0386 EUR
14 December 20231 CUP = 0.0383 EUR
15 December 20231 CUP = 0.0380 EUR
17 December 20231 CUP = 0.0382 EUR
18 December 20231 CUP = 0.0381 EUR
19 December 20231 CUP = 0.0382 EUR
20 December 20231 CUP = 0.0380 EUR
21 December 20231 CUP = 0.0381 EUR
22 December 20231 CUP = 0.0379 EUR
24 December 20231 CUP = 0.0378 EUR
25 December 20231 CUP = 0.0378 EUR
26 December 20231 CUP = 0.0378 EUR
27 December 20231 CUP = 0.0377 EUR
28 December 20231 CUP = 0.0376 EUR
29 December 20231 CUP = 0.0375 EUR
31 December 20231 CUP = 0.0377 EUR

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).

13/07/2015: Greek debt bailout agreement

A third bailout deal was reached between Greece and its creditors, avoiding a potential Greek exit from the Eurozone.

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.

02/05/2010: Greek debt crisis

Greece's financial crisis threatened the stability of the Eurozone, requiring massive bailout packages to prevent a default.

15/10/2008: Global financial crisis

The Euro faced significant economic challenges following the collapse of Lehman Brothers, leading to a recession in many Eurozone countries.

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.

01/05/2004: Eurozone expansion

10 more countries joined the Eurozone, bringing the total number of participating countries to 24.

01/01/2002: Euro banknotes and coins

Physical banknotes and coins in Euro were introduced, replacing national currencies in 12 European countries.

01/01/1999: Introduction of the Euro

The Euro was officially introduced as an electronic currency for banking and financial transactions.

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.

07/02/1992: The Maastricht Treaty

The treaty was signed, which officially established the European Union and laid the groundwork for the creation of the Euro.

01/01/1961: Nationalization of Banks

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