Historic Hong Kong dollar Cuban peso

Hong Kong dollar cuban peso history for January 2024. The highest quote for this month is 3.0803 (26/01/2024) and the lowest 3.079 (01/01/2024). The difference between high and low is 0.04.

HKD CUP average rate for January 2024 is 3.06784, the change between 01/01/2024 and 31/01/2024 is +0.32 %.

01 January 20241 HKD = 3.076 CUP
02 January 20241 HKD = 3.078 CUP
03 January 20241 HKD = 3.069 CUP
04 January 20241 HKD = 3.068 CUP
05 January 20241 HKD = 3.070 CUP
06 January 20241 HKD = 3.073 CUP
07 January 20241 HKD = 3.072 CUP
08 January 20241 HKD = 3.060 CUP
09 January 20241 HKD = 3.069 CUP
10 January 20241 HKD = 3.066 CUP
11 January 20241 HKD = 3.065 CUP
12 January 20241 HKD = 3.067 CUP
13 January 20241 HKD = 3.069 CUP
14 January 20241 HKD = 3.069 CUP
15 January 20241 HKD = 3.061 CUP
16 January 20241 HKD = 3.062 CUP
17 January 20241 HKD = 3.067 CUP
18 January 20241 HKD = 3.064 CUP
19 January 20241 HKD = 3.065 CUP
20 January 20241 HKD = 3.070 CUP
21 January 20241 HKD = 3.070 CUP
22 January 20241 HKD = 3.064 CUP
23 January 20241 HKD = 3.066 CUP
24 January 20241 HKD = 3.063 CUP
25 January 20241 HKD = 3.066 CUP
26 January 20241 HKD = 3.068 CUP
27 January 20241 HKD = 3.071 CUP
28 January 20241 HKD = 3.072 CUP
29 January 20241 HKD = 3.071 CUP
30 January 20241 HKD = 3.066 CUP
31 January 20241 HKD = 3.066 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).

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.

18/05/2005: Removal of Ten Hong Kong Dollars Note

The Hong Kong Monetary Authority announced the removal of the HKD 10 paper note from circulation, encouraging the usage of electronic payment methods and reducing printing costs.

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.

01/07/1997: Hong Kong's Handover to China

Hong Kong was officially handed over to China, marking the end of British colonial rule but maintaining the Hong Kong Dollar as its currency under the 'one country, two systems' principle.

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.

17/10/1991: Linked Exchange Rate System

The Linked Exchange Rate System (LERS) was implemented, establishing a narrow trading range of HKD 7.75 to 7.85 against the U.S. Dollar, backed by stringent measures to maintain stability.

31/12/1983: Joint Declaration on the Future of Hong Kong

The Sino-British Joint Declaration was signed, affirming Hong Kong's return to China in 1997 and ensuring the continuity of the Hong Kong Dollar as its official currency.

22/05/1972: Pegging to the U.S. Dollar

As the British Pound faced pressures in the foreign exchange market, Hong Kong decided to switch the peg to the U.S. Dollar at a rate of HKD 5.65 to USD 1.

01/01/1961: Nationalization of Banks

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

12/09/1935: Pegging to the Sterling

The Hong Kong Dollar was pegged to the British Pound (Sterling) at a fixed exchange rate of HKD 16 to GBP 1, which helped stabilize the currency.

01/01/1863: Introduction of the Hong Kong Dollar

The Hong Kong Dollar was first introduced as an official currency by the British colonial government to facilitate trade and commerce in Hong Kong.
HKD CUP July 2023
HKD CUP August 2023
HKD CUP September 2023
HKD CUP October 2023
HKD CUP November 2023
HKD CUP December 2023
HKD CUP January 2024
HKD CUP February 2024
HKD CUP March 2024
HKD CUP April 2024
HKD CUP May 2024
HKD CUP June 2024
HKD CUP July 2024