Historic Philippine peso Cuban peso

Philippine peso cuban peso history for January 2024. The highest quote for this month is 0.43428 (01/01/2024) and the lowest 0.48174 (10/01/2024). The difference between high and low is -10.93.

PHP CUP average rate for January 2024 is 0.429, the change between 01/01/2024 and 31/01/2024 is +2.07 %.

01 January 20241 PHP = 0.4347 CUP
02 January 20241 PHP = 0.4340 CUP
03 January 20241 PHP = 0.4316 CUP
04 January 20241 PHP = 0.4302 CUP
05 January 20241 PHP = 0.4317 CUP
06 January 20241 PHP = 0.4319 CUP
07 January 20241 PHP = 0.4316 CUP
08 January 20241 PHP = 0.4308 CUP
09 January 20241 PHP = 0.4306 CUP
10 January 20241 PHP = 0.4273 CUP
11 January 20241 PHP = 0.4278 CUP
12 January 20241 PHP = 0.4286 CUP
13 January 20241 PHP = 0.4293 CUP
14 January 20241 PHP = 0.4293 CUP
15 January 20241 PHP = 0.4292 CUP
16 January 20241 PHP = 0.4298 CUP
17 January 20241 PHP = 0.4294 CUP
18 January 20241 PHP = 0.4288 CUP
19 January 20241 PHP = 0.4304 CUP
22 January 20241 PHP = 0.4288 CUP
23 January 20241 PHP = 0.4254 CUP
24 January 20241 PHP = 0.4257 CUP
25 January 20241 PHP = 0.4266 CUP
26 January 20241 PHP = 0.4245 CUP
28 January 20241 PHP = 0.4262 CUP
29 January 20241 PHP = 0.4268 CUP
30 January 20241 PHP = 0.4254 CUP
31 January 20241 PHP = 0.4258 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).

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.

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.

11/09/1970: Introduction of the New Peso

The New Central Bank Act is enacted, leading to the introduction of a new currency called the New Peso, with a conversion rate of 1 New Peso to 2 old pesos.

01/01/1961: Nationalization of Banks

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

04/07/1949: Central Bank of the Philippines

The Central Bank of the Philippines is established with the task of issuing and managing the Philippine currency.

20/10/1944: Introduction of the Philippine Liberation Peso

The United States-issued Philippine Liberation Peso is introduced to replace the Japanese-issued currency, serving as a transitional currency.

02/01/1942: Japanese Occupation

During World War II, the Japanese forces occupy the Philippines and introduce the Japanese-issued Philippine peso, known as Mickey Mouse money.

24/12/1933: Introduction of the Commonwealth Peso

The Commonwealth Act No. 265 is passed, creating a new Philippine currency called the Commonwealth Peso to replace the previous Peso.

12/06/1898: Philippine Independence

The Philippines declares independence from Spanish rule, leading to the establishment of the First Philippine Republic and the issuance of new currency.

01/05/1852: Introduction of the Peso

The Spanish colonial government issues the first official currency of the Philippines, known as the Peso, with a conversion rate of 2 Spanish reales to 1 Peso.
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