Historic Cuban peso Omani rial

Cuban peso omani rial history for February 2024. The highest quote for this month is 0.016042 (03/02/2024) and the lowest 0.016094 (02/02/2024). The difference between high and low is -0.32.

CUP OMR average rate for February 2024 is 0.01601, the change between 01/02/2024 and 29/02/2024 is -0.03 %.

01 February 20241 CUP = 0.0160 OMR
02 February 20241 CUP = 0.0160 OMR
03 February 20241 CUP = 0.0160 OMR
04 February 20241 CUP = 0.0160 OMR
05 February 20241 CUP = 0.0159 OMR
06 February 20241 CUP = 0.0160 OMR
07 February 20241 CUP = 0.0160 OMR
08 February 20241 CUP = 0.0160 OMR
09 February 20241 CUP = 0.0160 OMR
12 February 20241 CUP = 0.0160 OMR
13 February 20241 CUP = 0.0160 OMR
14 February 20241 CUP = 0.0160 OMR
15 February 20241 CUP = 0.0160 OMR
16 February 20241 CUP = 0.0160 OMR
17 February 20241 CUP = 0.0160 OMR
18 February 20241 CUP = 0.0160 OMR
19 February 20241 CUP = 0.0160 OMR
20 February 20241 CUP = 0.0160 OMR
21 February 20241 CUP = 0.0160 OMR
22 February 20241 CUP = 0.0160 OMR
23 February 20241 CUP = 0.0160 OMR
24 February 20241 CUP = 0.0160 OMR
25 February 20241 CUP = 0.0160 OMR
26 February 20241 CUP = 0.0160 OMR
27 February 20241 CUP = 0.0160 OMR
28 February 20241 CUP = 0.0160 OMR
29 February 20241 CUP = 0.0160 OMR

16/03/2021: New 5 Rial Polymer Banknote Introduced

A new polymer banknote with a denomination of 5 rials was introduced, enhancing durability and security features of the currency.

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).

20/12/2013: 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.

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.

15/01/2003: New Omani Rial Banknotes Issued

New series of Omani rial banknotes were introduced, featuring enhanced security features and updated designs.

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.

12/06/1994: Smaller Denomination Coins Issued

Small denomination coins, including 5, 10, 25, and 50 baisa coins, were issued in order to facilitate everyday transactions.

17/03/1986: 200 Baisa Coin Introduced

A new 200 baisa coin was introduced, becoming the highest denomination coin in circulation at that time.

11/11/1975: 1/8 Rial Copper-Nickel Coin Introduced

A new 1/8 rial coin made of copper-nickel was introduced, representing a fractional value of the rial currency.

02/03/1973: Rial Oman Pegged to US Dollar

The Omani rial was officially pegged to the United States dollar, with an exchange rate of 1 OMR = 2.895 USD.

27/07/1970: Rial Oman is Introduced

The Omani rial was introduced, replacing the Gulf rupee at a rate of 1 rial = 2.6008 rupees.

01/01/1961: Nationalization of Banks

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