Historic Iranian Rial Cuban peso

Iranian Rial cuban peso history for February 2024. The highest quote for this month is 0.000576 (05/02/2024) and the lowest 0.000571 (03/02/2024). The difference between high and low is 0.87.

IRR CUP average rate for February 2024 is 0.00057, the change between 01/02/2024 and 29/02/2024 is +0.18 %.

01 February 20241 IRR = 0.0006 CUP
02 February 20241 IRR = 0.0006 CUP
03 February 20241 IRR = 0.0006 CUP
04 February 20241 IRR = 0.0006 CUP
05 February 20241 IRR = 0.0006 CUP
06 February 20241 IRR = 0.0006 CUP
07 February 20241 IRR = 0.0006 CUP
08 February 20241 IRR = 0.0006 CUP
09 February 20241 IRR = 0.0006 CUP
12 February 20241 IRR = 0.0006 CUP
13 February 20241 IRR = 0.0006 CUP
14 February 20241 IRR = 0.0006 CUP
15 February 20241 IRR = 0.0006 CUP
16 February 20241 IRR = 0.0006 CUP
17 February 20241 IRR = 0.0006 CUP
18 February 20241 IRR = 0.0006 CUP
19 February 20241 IRR = 0.0006 CUP
20 February 20241 IRR = 0.0006 CUP
21 February 20241 IRR = 0.0006 CUP
22 February 20241 IRR = 0.0006 CUP
23 February 20241 IRR = 0.0006 CUP
24 February 20241 IRR = 0.0006 CUP
25 February 20241 IRR = 0.0006 CUP
26 February 20241 IRR = 0.0006 CUP
27 February 20241 IRR = 0.0006 CUP
28 February 20241 IRR = 0.0006 CUP
29 February 20241 IRR = 0.0006 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).

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

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.

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

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.

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.

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

01/01/1961: Nationalization of Banks

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

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.
IRR CUP August 2023
IRR CUP September 2023
IRR CUP October 2023
IRR CUP November 2023
IRR CUP December 2023
IRR CUP January 2024
IRR CUP February 2024
IRR CUP March 2024
IRR CUP April 2024
IRR CUP May 2024
IRR CUP June 2024
IRR CUP July 2024
IRR CUP August 2024