Historic Japanese Yen Cuban peso

Japanese Yen cuban peso history for February 2024. The highest quote for this month is 0.16342 (01/02/2024) and the lowest 0.16418 (01/02/2024). The difference between high and low is -0.47.

JPY CUP average rate for February 2024 is 0.16039, the change between 01/02/2024 and 29/02/2024 is +2.46 %.

01 February 20241 JPY = 0.1628 CUP
02 February 20241 JPY = 0.1636 CUP
04 February 20241 JPY = 0.1620 CUP
05 February 20241 JPY = 0.1629 CUP
06 February 20241 JPY = 0.1615 CUP
07 February 20241 JPY = 0.1623 CUP
08 February 20241 JPY = 0.1619 CUP
09 February 20241 JPY = 0.1607 CUP
11 February 20241 JPY = 0.1609 CUP
12 February 20241 JPY = 0.1606 CUP
13 February 20241 JPY = 0.1604 CUP
14 February 20241 JPY = 0.1591 CUP
15 February 20241 JPY = 0.1592 CUP
16 February 20241 JPY = 0.1598 CUP
17 February 20241 JPY = 0.1598 CUP
18 February 20241 JPY = 0.1598 CUP
19 February 20241 JPY = 0.1597 CUP
20 February 20241 JPY = 0.1595 CUP
21 February 20241 JPY = 0.1599 CUP
22 February 20241 JPY = 0.1594 CUP
23 February 20241 JPY = 0.1593 CUP
24 February 20241 JPY = 0.1595 CUP
25 February 20241 JPY = 0.1596 CUP
26 February 20241 JPY = 0.1592 CUP
27 February 20241 JPY = 0.1592 CUP
28 February 20241 JPY = 0.1592 CUP
29 February 20241 JPY = 0.1588 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).

28/07/2016: Bank of Japan announces stimulus package

The Bank of Japan announced an aggressive stimulus package and negative interest rates, causing the Yen to depreciate against major 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.

25/10/2011: Currency Unification Announced

The Cuban government announced plans to eliminate the dual currency system and unify the CUP and CUC.

11/03/2011: Great East Japan Earthquake

The Tohoku earthquake and tsunami devastated Japan, leading to a decline in the Yen as reconstruction efforts strained the economy.

15/09/2008: Lehman Brothers bankruptcy

The bankruptcy of Lehman Brothers triggered a global financial crisis, resulting in a surge in the value of the Yen as investors sought safe-haven assets.

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.

20/03/1995: Kobe earthquake

The Great Hanshin earthquake struck Kobe, causing significant damage to the Japanese economy and leading to a decline in the value of the Yen.

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.

22/09/1985: Plaza Accord

Japan, along with major economies, agreed to depreciate the value of the US dollar, leading to the appreciation of the Yen.

01/03/1973: Yen becomes a floating currency

The Yen lost its fixed exchange rate and started floating against major currencies following the collapse of the Bretton Woods system.

01/01/1961: Nationalization of Banks

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

15/12/1953: Yen is introduced

The Japanese Yen was first introduced as the official currency of Japan with the enactment of the Bank of Japan Act.
JPY CUP July 2023
JPY CUP August 2023
JPY CUP September 2023
JPY CUP October 2023
JPY CUP November 2023
JPY CUP December 2023
JPY CUP January 2024
JPY CUP February 2024
JPY CUP March 2024
JPY CUP April 2024
JPY CUP May 2024
JPY CUP June 2024
JPY CUP July 2024