Historic Cuban peso Swiss franc

Cuban peso swiss franc history for January 2024. The highest quote for this month is 0.036398 (23/01/2024) and the lowest 0.036194 (22/01/2024). The difference between high and low is 0.56.

CUP CHF average rate for January 2024 is 0.03578, the change between 01/01/2024 and 31/01/2024 is -2.72 %.

01 January 20241 CUP = 0.0350 CHF
02 January 20241 CUP = 0.0350 CHF
03 January 20241 CUP = 0.0355 CHF
04 January 20241 CUP = 0.0354 CHF
05 January 20241 CUP = 0.0355 CHF
08 January 20241 CUP = 0.0356 CHF
09 January 20241 CUP = 0.0354 CHF
10 January 20241 CUP = 0.0356 CHF
11 January 20241 CUP = 0.0355 CHF
12 January 20241 CUP = 0.0355 CHF
14 January 20241 CUP = 0.0355 CHF
15 January 20241 CUP = 0.0356 CHF
16 January 20241 CUP = 0.0357 CHF
17 January 20241 CUP = 0.0359 CHF
18 January 20241 CUP = 0.0361 CHF
19 January 20241 CUP = 0.0362 CHF
21 January 20241 CUP = 0.0362 CHF
22 January 20241 CUP = 0.0363 CHF
23 January 20241 CUP = 0.0363 CHF
24 January 20241 CUP = 0.0363 CHF
25 January 20241 CUP = 0.0360 CHF
26 January 20241 CUP = 0.0361 CHF
27 January 20241 CUP = 0.0360 CHF
28 January 20241 CUP = 0.0360 CHF
29 January 20241 CUP = 0.0360 CHF
30 January 20241 CUP = 0.0359 CHF
31 January 20241 CUP = 0.0360 CHF

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).

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

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.

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

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.

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official currency.

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.

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

01/01/1961: Nationalization of Banks

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

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.
CUP CHF July 2023
CUP CHF August 2023
CUP CHF September 2023
CUP CHF October 2023
CUP CHF November 2023
CUP CHF December 2023
CUP CHF January 2024
CUP CHF February 2024
CUP CHF March 2024
CUP CHF April 2024
CUP CHF May 2024
CUP CHF June 2024
CUP CHF July 2024