Cuban peso united states dollar exchange rate history (CUP USD) December 2023

Cuban peso united states dollar history for December 2023. The highest quote for this month is 0.041736 (19/12/2023) and the lowest 0.042151 (14/12/2023). The difference between high and low is -0.99.

CUP USD average rate for December 2023 is 0.04167, the change between 01/12/2023 and 31/12/2023 is +0.1 %.

01 December 2023	1 CUP = 0.0417 USD
02 December 2023	1 CUP = 0.0417 USD
03 December 2023	1 CUP = 0.0417 USD
04 December 2023	1 CUP = 0.0417 USD
05 December 2023	1 CUP = 0.0417 USD
06 December 2023	1 CUP = 0.0417 USD
07 December 2023	1 CUP = 0.0417 USD
08 December 2023	1 CUP = 0.0417 USD
09 December 2023	1 CUP = 0.0417 USD
10 December 2023	1 CUP = 0.0417 USD
11 December 2023	1 CUP = 0.0416 USD
12 December 2023	1 CUP = 0.0417 USD
13 December 2023	1 CUP = 0.0417 USD
14 December 2023	1 CUP = 0.0417 USD
15 December 2023	1 CUP = 0.0417 USD
16 December 2023	1 CUP = 0.0417 USD
17 December 2023	1 CUP = 0.0417 USD
18 December 2023	1 CUP = 0.0415 USD
19 December 2023	1 CUP = 0.0417 USD
20 December 2023	1 CUP = 0.0417 USD
21 December 2023	1 CUP = 0.0417 USD
22 December 2023	1 CUP = 0.0417 USD
23 December 2023	1 CUP = 0.0417 USD
24 December 2023	1 CUP = 0.0417 USD
25 December 2023	1 CUP = 0.0417 USD
26 December 2023	1 CUP = 0.0417 USD
27 December 2023	1 CUP = 0.0416 USD
28 December 2023	1 CUP = 0.0417 USD
29 December 2023	1 CUP = 0.0415 USD
30 December 2023	1 CUP = 0.0417 USD
31 December 2023	1 CUP = 0.0417 USD

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).

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.

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.

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.

01/01/1961: Nationalization of Banks

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