Historic Libyan dinar Cuban peso

Libyan dinar cuban peso history for December 2023. The highest quote for this month is 5.0594 (29/12/2023) and the lowest 5.0598 (29/12/2023). The difference between high and low is -0.01.

LYD CUP average rate for December 2023 is 5.01334, the change between 01/12/2023 and 31/12/2023 is -1.09 %.

01 December 20231 LYD = 5.03 CUP
02 December 20231 LYD = 5.01 CUP
03 December 20231 LYD = 5.01 CUP
04 December 20231 LYD = 5.02 CUP
05 December 20231 LYD = 5.01 CUP
06 December 20231 LYD = 4.994 CUP
07 December 20231 LYD = 4.991 CUP
08 December 20231 LYD = 4.974 CUP
10 December 20231 LYD = 4.977 CUP
11 December 20231 LYD = 4.988 CUP
12 December 20231 LYD = 4.999 CUP
13 December 20231 LYD = 4.990 CUP
14 December 20231 LYD = 4.984 CUP
15 December 20231 LYD = 5.02 CUP
16 December 20231 LYD = 5.01 CUP
17 December 20231 LYD = 5.01 CUP
18 December 20231 LYD = 5.02 CUP
19 December 20231 LYD = 5.02 CUP
20 December 20231 LYD = 5.02 CUP
21 December 20231 LYD = 5.02 CUP
22 December 20231 LYD = 5.02 CUP
23 December 20231 LYD = 5.01 CUP
24 December 20231 LYD = 5.01 CUP
25 December 20231 LYD = 5.03 CUP
26 December 20231 LYD = 5.02 CUP
27 December 20231 LYD = 5.05 CUP
28 December 20231 LYD = 5.04 CUP
29 December 20231 LYD = 5.08 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).

06/09/2018: Announcement of new dinar notes

The Central Bank of Libya announces the release of new dinar banknotes with enhanced security features to combat counterfeiting.

28/07/2014: Recognition of rival governments

The Libyan Supreme Court recognizes two rival governments, further fragmenting the country and impacting the value of the dinar.

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.

17/02/2011: Start of the Libyan Civil War

The Libyan Civil War begins, leading to political instability and further devaluation of the Libyan dinar.

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.

07/04/1986: US imposes economic sanctions

The United States imposes economic sanctions on Libya, severely impacting the value and stability of the Libyan dinar.

02/03/1978: Establishment of the Central Bank of Libya

The Central Bank of Libya is established, becoming the sole authority responsible for issuing and managing the Libyan dinar.

08/09/1971: Introduction of the Libyan dinar

The Libyan pound is replaced by the Libyan dinar, at a rate of 1 dinar = 1 pound.

01/01/1961: Nationalization of Banks

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

24/12/1951: Independence of Libya

Libya gains independence from Italy, introducing the Libyan pound as its currency.
LYD CUP July 2023
LYD CUP August 2023
LYD CUP September 2023
LYD CUP October 2023
LYD CUP November 2023
LYD CUP December 2023
LYD CUP January 2024
LYD CUP February 2024
LYD CUP March 2024
LYD CUP April 2024
LYD CUP May 2024
LYD CUP June 2024
LYD CUP July 2024