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

Egyptian Pound cuban peso history for October 2023. The highest quote for this month is 0.78201 (13/10/2023) and the lowest 0.78186 (09/10/2023). The difference between high and low is 0.02.

EGP CUP average rate for October 2023 is 0.77684, the change between 01/10/2023 and 31/10/2023 is +0.26 %.

01 October 2023	1 EGP = 0.7780 CUP
02 October 2023	1 EGP = 0.7749 CUP
03 October 2023	1 EGP = 0.7762 CUP
04 October 2023	1 EGP = 0.7763 CUP
05 October 2023	1 EGP = 0.7782 CUP
06 October 2023	1 EGP = 0.7768 CUP
07 October 2023	1 EGP = 0.7805 CUP
09 October 2023	1 EGP = 0.7765 CUP
10 October 2023	1 EGP = 0.7764 CUP
11 October 2023	1 EGP = 0.7768 CUP
12 October 2023	1 EGP = 0.7761 CUP
13 October 2023	1 EGP = 0.7766 CUP
16 October 2023	1 EGP = 0.7778 CUP
17 October 2023	1 EGP = 0.7762 CUP
18 October 2023	1 EGP = 0.7755 CUP
19 October 2023	1 EGP = 0.7760 CUP
20 October 2023	1 EGP = 0.7763 CUP
21 October 2023	1 EGP = 0.7780 CUP
22 October 2023	1 EGP = 0.7780 CUP
23 October 2023	1 EGP = 0.7751 CUP
24 October 2023	1 EGP = 0.7763 CUP
25 October 2023	1 EGP = 0.7761 CUP
26 October 2023	1 EGP = 0.7767 CUP
27 October 2023	1 EGP = 0.7767 CUP
28 October 2023	1 EGP = 0.7780 CUP
29 October 2023	1 EGP = 0.7780 CUP
30 October 2023	1 EGP = 0.7781 CUP
31 October 2023	1 EGP = 0.7760 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