Historic Egyptian Pound Cuban peso

Egyptian Pound cuban peso history for February 2024. The highest quote for this month is 0.77992 (14/02/2024) and the lowest 0.78001 (19/02/2024). The difference between high and low is -0.01.

EGP CUP average rate for February 2024 is 0.77689, the change between 01/02/2024 and 29/02/2024 is +0.15 %.

01 February 20241 EGP = 0.7751 CUP
02 February 20241 EGP = 0.7765 CUP
03 February 20241 EGP = 0.7780 CUP
04 February 20241 EGP = 0.7780 CUP
05 February 20241 EGP = 0.7789 CUP
06 February 20241 EGP = 0.7774 CUP
07 February 20241 EGP = 0.7770 CUP
08 February 20241 EGP = 0.7768 CUP
09 February 20241 EGP = 0.7771 CUP
12 February 20241 EGP = 0.7805 CUP
13 February 20241 EGP = 0.7765 CUP
14 February 20241 EGP = 0.7764 CUP
15 February 20241 EGP = 0.7765 CUP
16 February 20241 EGP = 0.7762 CUP
17 February 20241 EGP = 0.7780 CUP
18 February 20241 EGP = 0.7780 CUP
19 February 20241 EGP = 0.7799 CUP
20 February 20241 EGP = 0.7763 CUP
21 February 20241 EGP = 0.7756 CUP
22 February 20241 EGP = 0.7763 CUP
23 February 20241 EGP = 0.7765 CUP
24 February 20241 EGP = 0.7780 CUP
25 February 20241 EGP = 0.7755 CUP
26 February 20241 EGP = 0.7758 CUP
27 February 20241 EGP = 0.7754 CUP
28 February 20241 EGP = 0.7762 CUP
29 February 20241 EGP = 0.7740 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.
EGP CUP July 2023
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