Historic Cuban peso Moldovan Leu

Cuban peso moldovan leu history for March 2024. The highest quote for this month is 0.735 (03/03/2024) and the lowest 0.735 (03/03/2024). The difference between high and low is 0.

CUP MDL average rate for March 2024 is 0.72954, the change between 01/03/2024 and 31/03/2024 is +0.25 %.

01 March 20241 CUP = 0.7301 MDL
03 March 20241 CUP = 0.7350 MDL
04 March 20241 CUP = 0.7297 MDL
05 March 20241 CUP = 0.7285 MDL
06 March 20241 CUP = 0.7301 MDL
07 March 20241 CUP = 0.7285 MDL
08 March 20241 CUP = 0.7282 MDL
10 March 20241 CUP = 0.7325 MDL
11 March 20241 CUP = 0.7244 MDL
12 March 20241 CUP = 0.7283 MDL

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).

04/06/2018: Introduction of New Banknotes

Moldova introduced a new series of banknotes with enhanced security features to combat counterfeiting.

01/07/2015: Currency Pegged to Euro

Moldova pegged its currency, the Leu, to the Euro at a fixed exchange rate to stabilize the economy and attract foreign investment.

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.

10/05/2010: Euro as Legal Tender

Moldova adopted the Euro as its official currency, though it is not a member of the Eurozone.

29/04/2009: Revaluation

Moldova carried out a currency revaluation, changing the exchange rate from 10,000 old Lei to 1 new Leu.

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.

29/10/1999: Introduction of Polymer Banknotes

Polymer banknotes were introduced in Moldova, increasing security and durability of the currency.

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.

29/05/1994: Redenomination

Moldova underwent a redenomination process, where 1000 old Lei were exchanged for 1 new Leu to combat hyperinflation.

26/11/1992: Declaration of Independence

The Moldovan Leu was introduced as the official currency of Moldova after the country declared independence from the Soviet Union.

01/01/1961: Nationalization of Banks

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