Cuban peso macedonian denar exchange rate history (CUP MKD) December 2023

Cuban peso macedonian denar history for December 2023. The highest quote for this month is 2.3711 (11/12/2023) and the lowest 2.3667 (10/12/2023). The difference between high and low is 0.19.

CUP MKD average rate for December 2023 is 2.33473, the change between 01/12/2023 and 31/12/2023 is +2.06 %.

01 December 2023	1 CUP = 2.342 MKD
02 December 2023	1 CUP = 2.350 MKD
03 December 2023	1 CUP = 2.350 MKD
04 December 2023	1 CUP = 2.321 MKD
05 December 2023	1 CUP = 2.354 MKD
06 December 2023	1 CUP = 2.363 MKD
07 December 2023	1 CUP = 2.366 MKD
08 December 2023	1 CUP = 2.359 MKD
10 December 2023	1 CUP = 2.367 MKD
11 December 2023	1 CUP = 2.341 MKD
12 December 2023	1 CUP = 2.365 MKD
13 December 2023	1 CUP = 2.359 MKD
14 December 2023	1 CUP = 2.345 MKD
15 December 2023	1 CUP = 2.322 MKD
16 December 2023	1 CUP = 2.346 MKD
17 December 2023	1 CUP = 2.346 MKD
18 December 2023	1 CUP = 2.305 MKD
19 December 2023	1 CUP = 2.333 MKD
20 December 2023	1 CUP = 2.322 MKD
21 December 2023	1 CUP = 2.331 MKD
22 December 2023	1 CUP = 2.321 MKD
23 December 2023	1 CUP = 2.318 MKD
24 December 2023	1 CUP = 2.318 MKD
25 December 2023	1 CUP = 2.314 MKD
26 December 2023	1 CUP = 2.309 MKD
27 December 2023	1 CUP = 2.312 MKD
28 December 2023	1 CUP = 2.298 MKD
29 December 2023	1 CUP = 2.294 MKD

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).

01/07/2020: Euro as legal tender

North Macedonia officially adopted the Euro as its currency, replacing the Macedonian Denar for all monetary transactions.

15/05/2018: Denar's symbol adoption

The official symbol for the Macedonian Denar (den) was adopted, representing the currency in both domestic and international transactions.

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.

10/10/2005: Denar's full Euro peg

The Macedonian Denar was fully pegged to the Euro at a fixed exchange rate of 61.5 Denars to 1 Euro.

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.

29/04/2003: Replacement of banknotes

New series of banknotes with enhanced security features were introduced, replacing the older versions.

05/11/2001: Denar's devaluation

Due to the political crisis in Macedonia, the Denar underwent a significant devaluation, losing around 40% of its value against the Euro.

15/05/1995: Denar's peg to the German Mark

The Macedonian Denar was pegged to the German Mark at a rate of 1 Denar to 1.5 Deutsche Mark, establishing a stable exchange rate.

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.

26/11/1992: Introduction of the Macedonian Denar

The Macedonian Denar was introduced as the official currency of the Republic of Macedonia following its declaration of independence from Yugoslavia.

01/01/1961: Nationalization of Banks

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

Historic Cuban peso Macedonian Denar