Historic Cuban peso Ukrainian hryvnia

Cuban peso ukrainian hryvnia history for December 2023. The highest quote for this month is 1.5767 (28/12/2023) and the lowest 1.5747 (29/12/2023). The difference between high and low is 0.13.

CUP UAH average rate for December 2023 is 1.53594, the change between 01/12/2023 and 31/12/2023 is -4.76 %.

01 December 20231 CUP = 1.505 UAH
02 December 20231 CUP = 1.524 UAH
03 December 20231 CUP = 1.524 UAH
04 December 20231 CUP = 1.510 UAH
05 December 20231 CUP = 1.514 UAH
06 December 20231 CUP = 1.519 UAH
07 December 20231 CUP = 1.519 UAH
08 December 20231 CUP = 1.519 UAH
10 December 20231 CUP = 1.524 UAH
11 December 20231 CUP = 1.521 UAH
12 December 20231 CUP = 1.527 UAH
13 December 20231 CUP = 1.532 UAH
14 December 20231 CUP = 1.533 UAH
15 December 20231 CUP = 1.533 UAH
16 December 20231 CUP = 1.524 UAH
17 December 20231 CUP = 1.524 UAH
18 December 20231 CUP = 1.534 UAH
19 December 20231 CUP = 1.541 UAH
20 December 20231 CUP = 1.547 UAH
21 December 20231 CUP = 1.558 UAH
22 December 20231 CUP = 1.558 UAH
23 December 20231 CUP = 1.555 UAH
24 December 20231 CUP = 1.567 UAH
25 December 20231 CUP = 1.552 UAH
26 December 20231 CUP = 1.552 UAH
27 December 20231 CUP = 1.552 UAH
28 December 20231 CUP = 1.565 UAH
29 December 20231 CUP = 1.577 UAH

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).

02/03/2020: COVID-19 impact

The outbreak of the COVID-19 pandemic resulted in economic disruptions, affecting the Ukrainian Hryvnia and causing volatility in the currency markets.

05/02/2015: Currency devaluation

Due to the economic crisis, the Ukrainian Hryvnia experienced a significant devaluation, leading to a sharp increase in prices and financial hardships.

20/02/2014: Ukrainian revolution

The Ukrainian revolution began, leading to political instability and economic challenges, impacting the value and stability of the Ukrainian Hryvnia.

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.

01/07/2008: Exchange rate flexibility

Ukraine implemented a flexible exchange rate system, allowing the Ukrainian Hryvnia to fluctuate based on market forces rather than being pegged to a fixed rate.

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.

01/10/2004: Banknote redesign

New banknotes of the Ukrainian Hryvnia were issued with enhanced security features and updated designs, aimed at combating counterfeiting.

02/09/1996: Currency reform

A currency reform was conducted, introducing new banknotes and coins of the Ukrainian Hryvnia, addressing issues of inflation and stabilization.

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.

02/09/1992: Introduction of the Ukrainian Hryvnia

The Ukrainian Hryvnia (UAH) was introduced as the national currency, replacing the Soviet ruble, marking Ukraine's economic independence.

01/01/1961: Nationalization of Banks

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