Historic Omani rial Cuban peso

Omani rial cuban peso history for November 2023. The highest quote for this month is 62.672 (07/11/2023) and the lowest 64.471 (13/11/2023). The difference between high and low is -2.87.

OMR CUP average rate for November 2023 is 62.40919, the change between 01/11/2023 and 30/11/2023 is +0.03 %.

01 November 20231 OMR = 62.49 CUP
02 November 20231 OMR = 62.47 CUP
03 November 20231 OMR = 62.39 CUP
06 November 20231 OMR = 61.92 CUP
07 November 20231 OMR = 62.51 CUP
08 November 20231 OMR = 62.45 CUP
09 November 20231 OMR = 62.54 CUP
10 November 20231 OMR = 62.50 CUP
12 November 20231 OMR = 62.35 CUP
13 November 20231 OMR = 62.21 CUP
14 November 20231 OMR = 62.55 CUP
15 November 20231 OMR = 62.47 CUP
16 November 20231 OMR = 62.55 CUP
17 November 20231 OMR = 62.54 CUP
18 November 20231 OMR = 62.34 CUP
19 November 20231 OMR = 62.34 CUP
20 November 20231 OMR = 62.13 CUP
21 November 20231 OMR = 62.48 CUP
22 November 20231 OMR = 62.47 CUP
23 November 20231 OMR = 62.47 CUP
24 November 20231 OMR = 62.48 CUP
26 November 20231 OMR = 62.34 CUP
27 November 20231 OMR = 62.23 CUP
28 November 20231 OMR = 62.51 CUP
29 November 20231 OMR = 62.45 CUP
30 November 20231 OMR = 62.47 CUP

16/03/2021: New 5 Rial Polymer Banknote Introduced

A new polymer banknote with a denomination of 5 rials was introduced, enhancing durability and security features of the currency.

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).

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.

15/01/2003: New Omani Rial Banknotes Issued

New series of Omani rial banknotes were introduced, featuring enhanced security features and updated designs.

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.

12/06/1994: Smaller Denomination Coins Issued

Small denomination coins, including 5, 10, 25, and 50 baisa coins, were issued in order to facilitate everyday transactions.

17/03/1986: 200 Baisa Coin Introduced

A new 200 baisa coin was introduced, becoming the highest denomination coin in circulation at that time.

11/11/1975: 1/8 Rial Copper-Nickel Coin Introduced

A new 1/8 rial coin made of copper-nickel was introduced, representing a fractional value of the rial currency.

02/03/1973: Rial Oman Pegged to US Dollar

The Omani rial was officially pegged to the United States dollar, with an exchange rate of 1 OMR = 2.895 USD.

27/07/1970: Rial Oman is Introduced

The Omani rial was introduced, replacing the Gulf rupee at a rate of 1 rial = 2.6008 rupees.

01/01/1961: Nationalization of Banks

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