Historic Cuban peso Guyanese dollar

Cuban peso guyanese dollar history for February 2024. The highest quote for this month is 8.6787 (17/02/2024) and the lowest 8.6787 (17/02/2024). The difference between high and low is 0.

CUP GYD average rate for February 2024 is 8.41613, the change between 01/02/2024 and 29/02/2024 is +0.01 %.

01 February 20241 CUP = 8.34 GYD
02 February 20241 CUP = 8.35 GYD
03 February 20241 CUP = 8.67 GYD
04 February 20241 CUP = 8.67 GYD
05 February 20241 CUP = 8.34 GYD
06 February 20241 CUP = 8.34 GYD
07 February 20241 CUP = 8.34 GYD
08 February 20241 CUP = 8.35 GYD
09 February 20241 CUP = 8.34 GYD
12 February 20241 CUP = 8.35 GYD
13 February 20241 CUP = 8.34 GYD
14 February 20241 CUP = 8.34 GYD
15 February 20241 CUP = 8.34 GYD
16 February 20241 CUP = 8.35 GYD
17 February 20241 CUP = 8.68 GYD
18 February 20241 CUP = 8.68 GYD
19 February 20241 CUP = 8.34 GYD
20 February 20241 CUP = 8.35 GYD
21 February 20241 CUP = 8.34 GYD
22 February 20241 CUP = 8.35 GYD
23 February 20241 CUP = 8.35 GYD
24 February 20241 CUP = 8.67 GYD
25 February 20241 CUP = 8.67 GYD
26 February 20241 CUP = 8.34 GYD
27 February 20241 CUP = 8.34 GYD
28 February 20241 CUP = 8.34 GYD
29 February 20241 CUP = 8.34 GYD

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).

01/01/2020: Transition to Polymer Banknotes

Polymer banknotes were introduced in Guyana, enhancing the durability and security features of the Guyanese dollar.

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.

03/02/2003: Redenomination of the Currency

The Guyanese dollar underwent a redenomination, with old banknotes replaced by new notes at a rate of 1,000 old dollars to 1 new dollar.

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.

05/10/1992: Resumption of Banking System

The resumption of the banking system in Guyana significantly improved the stability and accessibility of the Guyanese dollar.

26/05/1966: Independence of Guyana

Following Guyana's independence from Britain, the currency was renamed from British Guiana dollar to Guyanese dollar.

01/01/1961: Nationalization of Banks

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

12/09/1951: Currency Board Established

A Currency Board was established to manage the British Guiana dollar, ensuring its stability and convertibility.

06/08/1917: Currency Act of 1917

The British Guiana dollar was revalued at a rate of 4.80 dollars to 1 U.S. dollar, following the Currency Act of 1917.

18/01/1839: Introduction of the British Guiana dollar

British Guiana dollar introduced as the official currency of British Guiana, replacing the Spanish and Portuguese coins previously in circulation.
CUP GYD July 2023
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CUP GYD February 2024
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