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

Cuban peso macedonian denar history for November 2023. The highest quote for this month is 2.426 (01/11/2023) and the lowest 2.4121 (01/11/2023). The difference between high and low is 0.57.

CUP MKD average rate for November 2023 is 2.36148, the change between 01/11/2023 and 30/11/2023 is +3.57 %.

01 November 2023	1 CUP = 2.412 MKD
02 November 2023	1 CUP = 2.413 MKD
03 November 2023	1 CUP = 2.407 MKD
06 November 2023	1 CUP = 2.397 MKD
07 November 2023	1 CUP = 2.377 MKD
08 November 2023	1 CUP = 2.387 MKD
09 November 2023	1 CUP = 2.378 MKD
10 November 2023	1 CUP = 2.392 MKD
12 November 2023	1 CUP = 2.398 MKD
13 November 2023	1 CUP = 2.368 MKD
14 November 2023	1 CUP = 2.389 MKD
15 November 2023	1 CUP = 2.343 MKD
16 November 2023	1 CUP = 2.350 MKD
17 November 2023	1 CUP = 2.350 MKD
18 November 2023	1 CUP = 2.353 MKD
19 November 2023	1 CUP = 2.353 MKD
20 November 2023	1 CUP = 2.348 MKD
21 November 2023	1 CUP = 2.328 MKD
22 November 2023	1 CUP = 2.340 MKD
23 November 2023	1 CUP = 2.345 MKD
24 November 2023	1 CUP = 2.338 MKD
26 November 2023	1 CUP = 2.339 MKD
27 November 2023	1 CUP = 2.317 MKD
28 November 2023	1 CUP = 2.329 MKD
29 November 2023	1 CUP = 2.322 MKD
30 November 2023	1 CUP = 2.326 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