Historic Danish Krone Cuban peso

Danish Krone cuban peso history for February 2024. The highest quote for this month is 3.4874 (23/02/2024) and the lowest 3.4934 (27/02/2024). The difference between high and low is -0.17.

DKK CUP average rate for February 2024 is 3.47238, the change between 01/02/2024 and 29/02/2024 is -0.3 %.

01 February 20241 DKK = 3.468 CUP
02 February 20241 DKK = 3.496 CUP
03 February 20241 DKK = 3.475 CUP
04 February 20241 DKK = 3.475 CUP
05 February 20241 DKK = 3.499 CUP
06 February 20241 DKK = 3.457 CUP
07 February 20241 DKK = 3.460 CUP
08 February 20241 DKK = 3.464 CUP
09 February 20241 DKK = 3.468 CUP
10 February 20241 DKK = 3.472 CUP
11 February 20241 DKK = 3.472 CUP
12 February 20241 DKK = 3.469 CUP
13 February 20241 DKK = 3.464 CUP
14 February 20241 DKK = 3.444 CUP
15 February 20241 DKK = 3.451 CUP
16 February 20241 DKK = 3.463 CUP
17 February 20241 DKK = 3.470 CUP
18 February 20241 DKK = 3.470 CUP
19 February 20241 DKK = 3.469 CUP
20 February 20241 DKK = 3.465 CUP
21 February 20241 DKK = 3.477 CUP
22 February 20241 DKK = 3.480 CUP
23 February 20241 DKK = 3.482 CUP
25 February 20241 DKK = 3.487 CUP
26 February 20241 DKK = 3.477 CUP
27 February 20241 DKK = 3.489 CUP
28 February 20241 DKK = 3.486 CUP
29 February 20241 DKK = 3.479 CUP

04/02/2021: Ending of Intervention Policy

Denmark's central bank announced the end of its long-standing policy of defending the Krone's peg to the Euro.

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.

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

31/12/1998: Euro peg

Denmark joined the European Exchange Rate Mechanism (ERM II), pegging the Krone to the Euro with a narrow fluctuation band.

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.

24/03/1982: Floating Exchange Rate

Denmark switched to a floating exchange rate regime, allowing the Krone's value to be determined by market forces.

01/01/1961: Nationalization of Banks

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

21/07/1944: Bretton Woods Agreement

Denmark became a member of the International Monetary Fund (IMF) and agreed to the Bretton Woods system, pegging the Krone to the US dollar.

10/09/1927: Return to Gold Standard

Denmark abandoned the gold standard due to economic pressures and public debt.

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.