Historic Philippine peso Cuban peso

Philippine peso cuban peso history for November 2023. The highest quote for this month is 0.43306 (26/11/2023) and the lowest 0.49739 (20/11/2023). The difference between high and low is -14.85.

PHP CUP average rate for November 2023 is 0.43039, the change between 01/11/2023 and 30/11/2023 is -2.86 %.

01 November 20231 PHP = 0.4221 CUP
02 November 20231 PHP = 0.4229 CUP
03 November 20231 PHP = 0.4236 CUP
06 November 20231 PHP = 0.4269 CUP
07 November 20231 PHP = 0.4302 CUP
08 November 20231 PHP = 0.4283 CUP
09 November 20231 PHP = 0.4303 CUP
10 November 20231 PHP = 0.4285 CUP
11 November 20231 PHP = 0.4290 CUP
12 November 20231 PHP = 0.4299 CUP
13 November 20231 PHP = 0.4273 CUP
14 November 20231 PHP = 0.4300 CUP
15 November 20231 PHP = 0.4318 CUP
16 November 20231 PHP = 0.4305 CUP
17 November 20231 PHP = 0.4313 CUP
18 November 20231 PHP = 0.4320 CUP
19 November 20231 PHP = 0.4320 CUP
20 November 20231 PHP = 0.4307 CUP
21 November 20231 PHP = 0.4348 CUP
22 November 20231 PHP = 0.4334 CUP
23 November 20231 PHP = 0.4331 CUP
24 November 20231 PHP = 0.4345 CUP
26 November 20231 PHP = 0.4331 CUP
27 November 20231 PHP = 0.4306 CUP
28 November 20231 PHP = 0.4333 CUP
29 November 20231 PHP = 0.4369 CUP
30 November 20231 PHP = 0.4342 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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