Historic Cuban peso Romanian leu

Cuban peso romanian leu history for December 2023. The highest quote for this month is 0.19291 (08/12/2023) and the lowest 0.19229 (09/12/2023). The difference between high and low is 0.32.

CUP RON average rate for December 2023 is 0.18976, the change between 01/12/2023 and 31/12/2023 is +1.33 %.

01 December 20231 CUP = 0.1901 RON
03 December 20231 CUP = 0.1900 RON
04 December 20231 CUP = 0.1911 RON
05 December 20231 CUP = 0.1909 RON
06 December 20231 CUP = 0.1917 RON
07 December 20231 CUP = 0.1920 RON
08 December 20231 CUP = 0.1918 RON
09 December 20231 CUP = 0.1923 RON
10 December 20231 CUP = 0.1923 RON
11 December 20231 CUP = 0.1921 RON
12 December 20231 CUP = 0.1923 RON
13 December 20231 CUP = 0.1919 RON
14 December 20231 CUP = 0.1902 RON
15 December 20231 CUP = 0.1886 RON
16 December 20231 CUP = 0.1899 RON
17 December 20231 CUP = 0.1898 RON
18 December 20231 CUP = 0.1889 RON
19 December 20231 CUP = 0.1896 RON
20 December 20231 CUP = 0.1888 RON
21 December 20231 CUP = 0.1893 RON
22 December 20231 CUP = 0.1882 RON
24 December 20231 CUP = 0.1882 RON
25 December 20231 CUP = 0.1880 RON
26 December 20231 CUP = 0.1878 RON
27 December 20231 CUP = 0.1872 RON
28 December 20231 CUP = 0.1866 RON
29 December 20231 CUP = 0.1862 RON
31 December 20231 CUP = 0.1876 RON

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).

01/04/2019: Romania plans to adopt the euro

The Romanian government announces its intention to join the Eurozone and set a target date for adopting the euro as the national currency.

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.

01/06/2005: Currency redenomination

Romania underwent a currency redenomination, with 10,000 old lei being exchanged for 1 new leu, to simplify transactions and eliminate zeros.

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.

01/07/2003: Romania joins EU Accession

As part of joining the European Union, Romania pledges to adopt the euro in the future, aiming for greater economic integration.

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.

28/02/1991: End of communist era

As communism collapsed, Romania undergoes economic reforms and introduces a free-floating exchange rate system for the leu.

01/01/1961: Nationalization of Banks

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

30/12/1947: Communist regime introduces new leu

In an attempt to devalue the currency and control the economy, the Communist regime introduces a new leu at a ratio of 1:20,000.

01/03/1901: Introduction of the gold standard

Romanian leu was tied to the gold standard, ensuring the stability of the currency and attracting foreign investments.

01/04/1867: Creation of the Romanian leu

The leu was established as the official currency of Romania, replacing the previous currencies in circulation.