Historic Cuban peso New Zealand Dollar

Cuban peso new zealand dollar history for January 2024. The highest quote for this month is 0.068724 (23/01/2024) and the lowest 0.068388 (27/01/2024). The difference between high and low is 0.49.

CUP NZD average rate for January 2024 is 0.06747, the change between 01/01/2024 and 31/01/2024 is -3.28 %.

01 January 20241 CUP = 0.0659 NZD
02 January 20241 CUP = 0.0659 NZD
03 January 20241 CUP = 0.0667 NZD
04 January 20241 CUP = 0.0668 NZD
05 January 20241 CUP = 0.0670 NZD
06 January 20241 CUP = 0.0667 NZD
07 January 20241 CUP = 0.0667 NZD
08 January 20241 CUP = 0.0669 NZD
09 January 20241 CUP = 0.0668 NZD
10 January 20241 CUP = 0.0669 NZD
11 January 20241 CUP = 0.0670 NZD
12 January 20241 CUP = 0.0668 NZD
13 January 20241 CUP = 0.0667 NZD
14 January 20241 CUP = 0.0667 NZD
15 January 20241 CUP = 0.0670 NZD
16 January 20241 CUP = 0.0674 NZD
17 January 20241 CUP = 0.0678 NZD
18 January 20241 CUP = 0.0682 NZD
19 January 20241 CUP = 0.0682 NZD
20 January 20241 CUP = 0.0682 NZD
21 January 20241 CUP = 0.0681 NZD
22 January 20241 CUP = 0.0682 NZD
23 January 20241 CUP = 0.0687 NZD
24 January 20241 CUP = 0.0684 NZD
25 January 20241 CUP = 0.0683 NZD
26 January 20241 CUP = 0.0683 NZD
27 January 20241 CUP = 0.0684 NZD
28 January 20241 CUP = 0.0684 NZD
29 January 20241 CUP = 0.0684 NZD
30 January 20241 CUP = 0.0680 NZD
31 January 20241 CUP = 0.0680 NZD

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).

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

01/01/1961: Nationalization of Banks

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

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.
CUP NZD July 2023
CUP NZD August 2023
CUP NZD September 2023
CUP NZD October 2023
CUP NZD November 2023
CUP NZD December 2023
CUP NZD January 2024
CUP NZD February 2024
CUP NZD March 2024
CUP NZD April 2024
CUP NZD May 2024
CUP NZD June 2024
CUP NZD July 2024