Historic Cuban peso Rwandan franc

Cuban peso rwandan franc history for December 2023. The highest quote for this month is 52.051 (22/12/2023) and the lowest 51.959 (23/12/2023). The difference between high and low is 0.18.

CUP RWF average rate for December 2023 is 51.71132, the change between 01/12/2023 and 31/12/2023 is -1.3 %.

01 December 20231 CUP = 51.21 RWF
02 December 20231 CUP = 51.49 RWF
03 December 20231 CUP = 51.49 RWF
04 December 20231 CUP = 51.28 RWF
05 December 20231 CUP = 51.33 RWF
06 December 20231 CUP = 51.65 RWF
07 December 20231 CUP = 51.42 RWF
08 December 20231 CUP = 51.56 RWF
10 December 20231 CUP = 51.65 RWF
11 December 20231 CUP = 51.91 RWF
12 December 20231 CUP = 51.68 RWF
13 December 20231 CUP = 51.51 RWF
14 December 20231 CUP = 51.80 RWF
15 December 20231 CUP = 51.83 RWF
16 December 20231 CUP = 51.83 RWF
17 December 20231 CUP = 51.83 RWF
18 December 20231 CUP = 51.63 RWF
19 December 20231 CUP = 51.67 RWF
20 December 20231 CUP = 51.94 RWF
21 December 20231 CUP = 51.81 RWF
22 December 20231 CUP = 52.05 RWF
23 December 20231 CUP = 51.96 RWF
24 December 20231 CUP = 52.04 RWF
25 December 20231 CUP = 51.83 RWF
26 December 20231 CUP = 51.83 RWF
27 December 20231 CUP = 51.84 RWF
28 December 20231 CUP = 51.98 RWF
29 December 20231 CUP = 51.88 RWF

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).

24/06/2020: Rwandan Franc Devaluation

The central bank of Rwanda announced a gradual devaluation of the Rwandan franc to enhance export competitiveness and stimulate economic growth.

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.

03/12/2008: New Currency Series

A new series of Rwandan franc banknotes was introduced, featuring updated security features and designs.

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.

01/01/2004: East African Community

Rwanda joined the East African Community, leading to increased economic integration and cooperation within the region.

03/12/1998: Currency Redenomination

The Rwandan franc underwent a redenomination, with 100 old francs being replaced by 1 new franc.

07/04/1995: Rwandan Genocide

The Rwandan Genocide began, causing economic instability and inflation for the Rwandan franc.

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.

01/12/1973: Currency Reform

A currency reform was implemented, introducing a new series of Rwandan franc banknotes.

25/06/1964: Introduction of the Rwandan Franc

The Rwandan franc was introduced as the official currency of Rwanda, replacing the East African shilling.

01/01/1961: Nationalization of Banks

The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.
CUP RWF July 2023
CUP RWF August 2023
CUP RWF September 2023
CUP RWF October 2023
CUP RWF November 2023
CUP RWF December 2023
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CUP RWF July 2024