Historic Cuban peso Macedonian Denar

Cuban peso macedonian denar history for February 2024. The highest quote for this month is 2.3835 (13/02/2024) and the lowest 2.3762 (17/02/2024). The difference between high and low is 0.31.

CUP MKD average rate for February 2024 is 2.36109, the change between 01/02/2024 and 29/02/2024 is +0.21 %.

01 February 20241 CUP = 2.364 MKD
02 February 20241 CUP = 2.347 MKD
03 February 20241 CUP = 2.365 MKD
04 February 20241 CUP = 2.365 MKD
05 February 20241 CUP = 2.320 MKD
06 February 20241 CUP = 2.369 MKD
07 February 20241 CUP = 2.371 MKD
08 February 20241 CUP = 2.364 MKD
09 February 20241 CUP = 2.366 MKD
12 February 20241 CUP = 2.348 MKD
13 February 20241 CUP = 2.366 MKD
14 February 20241 CUP = 2.382 MKD
15 February 20241 CUP = 2.374 MKD
16 February 20241 CUP = 2.370 MKD
17 February 20241 CUP = 2.376 MKD
18 February 20241 CUP = 2.376 MKD
19 February 20241 CUP = 2.367 MKD
20 February 20241 CUP = 2.368 MKD
21 February 20241 CUP = 2.342 MKD
22 February 20241 CUP = 2.359 MKD
23 February 20241 CUP = 2.358 MKD
24 February 20241 CUP = 2.367 MKD
25 February 20241 CUP = 2.367 MKD
26 February 20241 CUP = 2.336 MKD
27 February 20241 CUP = 2.352 MKD
28 February 20241 CUP = 2.353 MKD
29 February 20241 CUP = 2.359 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.
CUP MKD August 2023
CUP MKD September 2023
CUP MKD October 2023
CUP MKD November 2023
CUP MKD December 2023
CUP MKD January 2024
CUP MKD February 2024
CUP MKD March 2024
CUP MKD April 2024
CUP MKD May 2024
CUP MKD June 2024
CUP MKD July 2024
CUP MKD August 2024