Historic Cuban peso United States dollar

Cuban peso united states dollar history for February 2024. The highest quote for this month is 0.041733 (15/02/2024) and the lowest 0.041962 (02/02/2024). The difference between high and low is -0.55.

CUP USD average rate for February 2024 is 0.04169, the change between 01/02/2024 and 29/02/2024 is -0.03 %.

01 February 20241 CUP = 0.0418 USD
02 February 20241 CUP = 0.0417 USD
03 February 20241 CUP = 0.0417 USD
04 February 20241 CUP = 0.0417 USD
05 February 20241 CUP = 0.0413 USD
06 February 20241 CUP = 0.0417 USD
07 February 20241 CUP = 0.0417 USD
08 February 20241 CUP = 0.0417 USD
09 February 20241 CUP = 0.0417 USD
10 February 20241 CUP = 0.0417 USD
11 February 20241 CUP = 0.0417 USD
12 February 20241 CUP = 0.0418 USD
13 February 20241 CUP = 0.0417 USD
14 February 20241 CUP = 0.0417 USD
15 February 20241 CUP = 0.0417 USD
16 February 20241 CUP = 0.0417 USD
17 February 20241 CUP = 0.0417 USD
18 February 20241 CUP = 0.0417 USD
19 February 20241 CUP = 0.0417 USD
20 February 20241 CUP = 0.0417 USD
21 February 20241 CUP = 0.0417 USD
22 February 20241 CUP = 0.0417 USD
23 February 20241 CUP = 0.0417 USD
24 February 20241 CUP = 0.0417 USD
25 February 20241 CUP = 0.0417 USD
26 February 20241 CUP = 0.0418 USD
27 February 20241 CUP = 0.0417 USD
28 February 20241 CUP = 0.0417 USD
29 February 20241 CUP = 0.0418 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.
CUP USD July 2023
CUP USD August 2023
CUP USD September 2023
CUP USD October 2023
CUP USD November 2023
CUP USD December 2023
CUP USD January 2024
CUP USD February 2024
CUP USD March 2024
CUP USD April 2024
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CUP USD June 2024
CUP USD July 2024