Cuban peso omani rial exchange rate history (CUP OMR) October 2023

Cuban peso omani rial history for October 2023. The highest quote for this month is 0.016042 (07/10/2023) and the lowest 0.016113 (24/10/2023). The difference between high and low is -0.44.

CUP OMR average rate for October 2023 is 0.016, the change between 01/10/2023 and 31/10/2023 is +0.17 %.

01 October 2023	1 CUP = 0.0160 OMR
02 October 2023	1 CUP = 0.0160 OMR
03 October 2023	1 CUP = 0.0160 OMR
04 October 2023	1 CUP = 0.0160 OMR
05 October 2023	1 CUP = 0.0160 OMR
06 October 2023	1 CUP = 0.0160 OMR
07 October 2023	1 CUP = 0.0160 OMR
09 October 2023	1 CUP = 0.0161 OMR
10 October 2023	1 CUP = 0.0160 OMR
11 October 2023	1 CUP = 0.0160 OMR
12 October 2023	1 CUP = 0.0160 OMR
13 October 2023	1 CUP = 0.0160 OMR
16 October 2023	1 CUP = 0.0155 OMR
17 October 2023	1 CUP = 0.0160 OMR
18 October 2023	1 CUP = 0.0160 OMR
19 October 2023	1 CUP = 0.0160 OMR
20 October 2023	1 CUP = 0.0160 OMR
21 October 2023	1 CUP = 0.0160 OMR
22 October 2023	1 CUP = 0.0160 OMR
23 October 2023	1 CUP = 0.0160 OMR
24 October 2023	1 CUP = 0.0160 OMR
25 October 2023	1 CUP = 0.0160 OMR
26 October 2023	1 CUP = 0.0160 OMR
27 October 2023	1 CUP = 0.0160 OMR
29 October 2023	1 CUP = 0.0160 OMR
30 October 2023	1 CUP = 0.0161 OMR
31 October 2023	1 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.

Historic Cuban peso Omani rial