Historic Cuban peso Rwandan franc

Cuban peso rwandan franc history for February 2024. The highest quote for this month is 53.551 (27/02/2024) and the lowest 52.804 (24/02/2024). The difference between high and low is 1.39.

CUP RWF average rate for February 2024 is 52.60807, the change between 01/02/2024 and 29/02/2024 is +0.14 %.

01 February 20241 CUP = 52.74 RWF
02 February 20241 CUP = 52.58 RWF
03 February 20241 CUP = 52.60 RWF
04 February 20241 CUP = 52.60 RWF
05 February 20241 CUP = 52.44 RWF
06 February 20241 CUP = 52.44 RWF
07 February 20241 CUP = 52.65 RWF
08 February 20241 CUP = 52.72 RWF
09 February 20241 CUP = 52.61 RWF
12 February 20241 CUP = 52.45 RWF
13 February 20241 CUP = 52.69 RWF
14 February 20241 CUP = 52.73 RWF
15 February 20241 CUP = 52.27 RWF
16 February 20241 CUP = 52.25 RWF
17 February 20241 CUP = 52.72 RWF
18 February 20241 CUP = 52.72 RWF
19 February 20241 CUP = 52.52 RWF
20 February 20241 CUP = 52.52 RWF
21 February 20241 CUP = 52.27 RWF
22 February 20241 CUP = 52.23 RWF
23 February 20241 CUP = 52.34 RWF
24 February 20241 CUP = 52.80 RWF
25 February 20241 CUP = 52.80 RWF
26 February 20241 CUP = 52.63 RWF
27 February 20241 CUP = 52.78 RWF
28 February 20241 CUP = 53.66 RWF
29 February 20241 CUP = 52.66 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.