Egyptian Pound cuban peso exchange rate history (EGP CUP) August 2023

Egyptian Pound cuban peso history for August 2023. The highest quote for this month is 0.78049 (25/08/2023) and the lowest 0.78009 (28/08/2023). The difference between high and low is 0.05.

EGP CUP average rate for August 2023 is 0.77651, the change between 01/08/2023 and 31/08/2023 is -0.02 %.

01 August 2023	1 EGP = 0.7768 CUP
02 August 2023	1 EGP = 0.7768 CUP
03 August 2023	1 EGP = 0.7776 CUP
04 August 2023	1 EGP = 0.7748 CUP
07 August 2023	1 EGP = 0.7744 CUP
08 August 2023	1 EGP = 0.7760 CUP
09 August 2023	1 EGP = 0.7764 CUP
10 August 2023	1 EGP = 0.7766 CUP
11 August 2023	1 EGP = 0.7766 CUP
12 August 2023	1 EGP = 0.7780 CUP
14 August 2023	1 EGP = 0.7759 CUP
15 August 2023	1 EGP = 0.7771 CUP
16 August 2023	1 EGP = 0.7767 CUP
17 August 2023	1 EGP = 0.7766 CUP
18 August 2023	1 EGP = 0.7770 CUP
20 August 2023	1 EGP = 0.7767 CUP
21 August 2023	1 EGP = 0.7781 CUP
22 August 2023	1 EGP = 0.7759 CUP
23 August 2023	1 EGP = 0.7765 CUP
24 August 2023	1 EGP = 0.7765 CUP
25 August 2023	1 EGP = 0.7765 CUP
28 August 2023	1 EGP = 0.7766 CUP
29 August 2023	1 EGP = 0.7766 CUP
30 August 2023	1 EGP = 0.7751 CUP
31 August 2023	1 EGP = 0.7770 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).

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

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.

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on market forces.

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.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

01/01/1961: Nationalization of Banks

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

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.

Historic Egyptian Pound Cuban peso