Historic Cuban peso Romanian leu

Cuban peso romanian leu history for October 2023. The highest quote for this month is 0.19828 (04/10/2023) and the lowest 0.19745 (03/10/2023). The difference between high and low is 0.42.

CUP RON average rate for October 2023 is 0.19594, the change between 01/10/2023 and 31/10/2023 is +0.36 %.

01 October 20231 CUP = 0.1957 RON
02 October 20231 CUP = 0.1951 RON
03 October 20231 CUP = 0.1977 RON
04 October 20231 CUP = 0.1980 RON
05 October 20231 CUP = 0.1975 RON
06 October 20231 CUP = 0.1969 RON
08 October 20231 CUP = 0.1954 RON
09 October 20231 CUP = 0.1967 RON
10 October 20231 CUP = 0.1956 RON
11 October 20231 CUP = 0.1950 RON
12 October 20231 CUP = 0.1946 RON
13 October 20231 CUP = 0.1963 RON
16 October 20231 CUP = 0.1966 RON
17 October 20231 CUP = 0.1960 RON
18 October 20231 CUP = 0.1961 RON
19 October 20231 CUP = 0.1966 RON
20 October 20231 CUP = 0.1959 RON
21 October 20231 CUP = 0.1954 RON
22 October 20231 CUP = 0.1956 RON
23 October 20231 CUP = 0.1961 RON
24 October 20231 CUP = 0.1942 RON
25 October 20231 CUP = 0.1952 RON
26 October 20231 CUP = 0.1957 RON
27 October 20231 CUP = 0.1959 RON
29 October 20231 CUP = 0.1955 RON
30 October 20231 CUP = 0.1962 RON
31 October 20231 CUP = 0.1950 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.