Historic Indonesian Rupiah Cuban peso

Indonesian Rupiah cuban peso history for February 2024. The highest quote for this month is 0.00154 (24/02/2024) and the lowest 0.001569 (13/02/2024). The difference between high and low is -1.88.

IDR CUP average rate for February 2024 is 0.00153, the change between 01/02/2024 and 29/02/2024 is -0.33 %.

01 February 20241 IDR = 0.0015 CUP
02 February 20241 IDR = 0.0015 CUP
03 February 20241 IDR = 0.0015 CUP
04 February 20241 IDR = 0.0015 CUP
05 February 20241 IDR = 0.0015 CUP
06 February 20241 IDR = 0.0015 CUP
07 February 20241 IDR = 0.0015 CUP
08 February 20241 IDR = 0.0015 CUP
09 February 20241 IDR = 0.0015 CUP
10 February 20241 IDR = 0.0015 CUP
12 February 20241 IDR = 0.0015 CUP
13 February 20241 IDR = 0.0015 CUP
14 February 20241 IDR = 0.0015 CUP
15 February 20241 IDR = 0.0015 CUP
16 February 20241 IDR = 0.0015 CUP
17 February 20241 IDR = 0.0015 CUP
18 February 20241 IDR = 0.0015 CUP
19 February 20241 IDR = 0.0015 CUP
20 February 20241 IDR = 0.0015 CUP
21 February 20241 IDR = 0.0015 CUP
22 February 20241 IDR = 0.0015 CUP
23 February 20241 IDR = 0.0015 CUP
24 February 20241 IDR = 0.0015 CUP
25 February 20241 IDR = 0.0015 CUP
26 February 20241 IDR = 0.0015 CUP
27 February 20241 IDR = 0.0015 CUP
28 February 20241 IDR = 0.0015 CUP
29 February 20241 IDR = 0.0015 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).

04/03/2020: Rupiah Hits Lowest Point

The Rupiah reached its weakest level against the US dollar since the 1998 financial crisis, reflecting global economic uncertainty and the impact of the COVID-19 pandemic.

27/07/2015: New Banknotes and Coins

The Bank of Indonesia introduced a new series of banknotes and coins with enhanced security features and updated designs to commemorate the country's achievements.

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.

20/05/1998: Revaluation of Rupiah

As a response to the financial crisis, the Indonesian government revalued the Rupiah by removing three zeros from the currency, aiming to stabilize its value.

01/07/1997: Asian Financial Crisis

Indonesia, along with other Southeast Asian nations, experienced a severe currency crisis as the Rupiah plummeted in value against the US dollar, leading to economic turmoil.

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.

29/11/1965: New Rupiah Symbol

The official symbol for the Rupiah (Rp) was introduced, replacing the previous abbreviation of 'Rp.' This symbol is still in use today.

01/01/1961: Nationalization of Banks

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

31/05/1952: Currency Exchange Law

The Currency Exchange Law was enacted, establishing a fixed exchange rate for the Rupiah against the Dutch guilder, marking a significant milestone in the currency's stability.

26/12/1949: Independence of Indonesia

Following Indonesia's independence from the Netherlands, the Rupiah was introduced as the official currency of the newly formed republic.
IDR CUP July 2023
IDR CUP August 2023
IDR CUP September 2023
IDR CUP October 2023
IDR CUP November 2023
IDR CUP December 2023
IDR CUP January 2024
IDR CUP February 2024
IDR CUP March 2024
IDR CUP April 2024
IDR CUP May 2024
IDR CUP June 2024
IDR CUP July 2024