Historic Czech koruna Cuban peso

Czech koruna cuban peso history for February 2024. The highest quote for this month is 1.041 (01/02/2024) and the lowest 1.0494 (01/02/2024). The difference between high and low is -0.81.

CZK CUP average rate for February 2024 is 1.0273, the change between 01/02/2024 and 29/02/2024 is +1.59 %.

01 February 20241 CZK = 1.043 CUP
02 February 20241 CZK = 1.050 CUP
03 February 20241 CZK = 1.038 CUP
04 February 20241 CZK = 1.040 CUP
05 February 20241 CZK = 1.046 CUP
06 February 20241 CZK = 1.035 CUP
07 February 20241 CZK = 1.036 CUP
08 February 20241 CZK = 1.036 CUP
09 February 20241 CZK = 1.025 CUP
12 February 20241 CZK = 1.025 CUP
13 February 20241 CZK = 1.024 CUP
14 February 20241 CZK = 1.014 CUP
15 February 20241 CZK = 1.014 CUP
16 February 20241 CZK = 1.019 CUP
17 February 20241 CZK = 1.016 CUP
18 February 20241 CZK = 1.018 CUP
19 February 20241 CZK = 1.017 CUP
20 February 20241 CZK = 1.015 CUP
21 February 20241 CZK = 1.022 CUP
22 February 20241 CZK = 1.025 CUP
23 February 20241 CZK = 1.024 CUP
24 February 20241 CZK = 1.024 CUP
25 February 20241 CZK = 1.027 CUP
26 February 20241 CZK = 1.023 CUP
27 February 20241 CZK = 1.026 CUP
28 February 20241 CZK = 1.027 CUP
29 February 20241 CZK = 1.026 CUP

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).

05/04/2016: End of currency intervention

The Czech National Bank ended its currency intervention policy, allowing the koruna to float freely and be determined by market forces.

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.

06/11/2013: Currency intervention

The Czech National Bank implemented a currency intervention policy to weaken the koruna and stimulate the country's economy.

25/10/2011: Currency Unification Announced

The Cuban government announced plans to eliminate the dual currency system and unify the CUP and CUC.

09/10/2008: Global financial crisis impact

The koruna experienced significant depreciation during the global financial crisis, reflecting the economic challenges faced by the Czech Republic.

30/04/2007: EU membership benefits

The Czech Republic became a member of the European Union's economic and monetary union, allowing for greater stability and cooperation for the koruna.

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.

30/04/2004: EU Accession

The Czech Republic joined the European Union, paving the way for further integration of the koruna with European monetary policies.

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.

30/06/1993: Currency conversion

The Czech Republic adopted a new currency regime, shifting from a fixed exchange rate to a floating exchange rate for the koruna.

07/02/1993: Establishment of Czech koruna

The Czech koruna was introduced as the official currency of the Czech Republic following the dissolution of Czechoslovakia.

01/01/1961: Nationalization of Banks

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