Iraqi dinar cuban peso exchange rate history (IQD CUP) December 2023

Iraqi dinar cuban peso history for December 2023. The highest quote for this month is 0.018708 (11/12/2023) and the lowest 0.018711 (06/12/2023). The difference between high and low is -0.02.

IQD CUP average rate for December 2023 is 0.01846, the change between 01/12/2023 and 31/12/2023 is +1.52 %.

01 December 2023	1 IQD = 0.0187 CUP
02 December 2023	1 IQD = 0.0183 CUP
03 December 2023	1 IQD = 0.0183 CUP
04 December 2023	1 IQD = 0.0187 CUP
05 December 2023	1 IQD = 0.0183 CUP
06 December 2023	1 IQD = 0.0183 CUP
07 December 2023	1 IQD = 0.0187 CUP
08 December 2023	1 IQD = 0.0183 CUP
10 December 2023	1 IQD = 0.0183 CUP
11 December 2023	1 IQD = 0.0187 CUP
12 December 2023	1 IQD = 0.0183 CUP
13 December 2023	1 IQD = 0.0187 CUP
14 December 2023	1 IQD = 0.0183 CUP
15 December 2023	1 IQD = 0.0183 CUP
16 December 2023	1 IQD = 0.0183 CUP
17 December 2023	1 IQD = 0.0183 CUP
18 December 2023	1 IQD = 0.0187 CUP
19 December 2023	1 IQD = 0.0187 CUP
20 December 2023	1 IQD = 0.0183 CUP
21 December 2023	1 IQD = 0.0183 CUP
22 December 2023	1 IQD = 0.0183 CUP
23 December 2023	1 IQD = 0.0183 CUP
24 December 2023	1 IQD = 0.0183 CUP
25 December 2023	1 IQD = 0.0187 CUP
26 December 2023	1 IQD = 0.0187 CUP
27 December 2023	1 IQD = 0.0184 CUP
28 December 2023	1 IQD = 0.0183 CUP
29 December 2023	1 IQD = 0.0184 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).

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

01/01/1961: Nationalization of Banks

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

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.

Historic Iraqi dinar Cuban peso