Historic Romanian leu Cuban peso

Romanian leu cuban peso history for December 2023. The highest quote for this month is 5.3438 (29/12/2023) and the lowest 5.3647 (27/12/2023). The difference between high and low is -0.39.

RON CUP average rate for December 2023 is 5.27038, the change between 01/12/2023 and 31/12/2023 is -1.34 %.

01 December 20231 RON = 5.26 CUP
03 December 20231 RON = 5.26 CUP
04 December 20231 RON = 5.23 CUP
05 December 20231 RON = 5.24 CUP
06 December 20231 RON = 5.22 CUP
07 December 20231 RON = 5.21 CUP
08 December 20231 RON = 5.21 CUP
09 December 20231 RON = 5.20 CUP
10 December 20231 RON = 5.20 CUP
11 December 20231 RON = 5.21 CUP
12 December 20231 RON = 5.20 CUP
13 December 20231 RON = 5.21 CUP
14 December 20231 RON = 5.26 CUP
15 December 20231 RON = 5.30 CUP
16 December 20231 RON = 5.27 CUP
17 December 20231 RON = 5.27 CUP
18 December 20231 RON = 5.29 CUP
19 December 20231 RON = 5.27 CUP
20 December 20231 RON = 5.30 CUP
21 December 20231 RON = 5.28 CUP
22 December 20231 RON = 5.31 CUP
24 December 20231 RON = 5.31 CUP
25 December 20231 RON = 5.32 CUP
26 December 20231 RON = 5.33 CUP
27 December 20231 RON = 5.34 CUP
28 December 20231 RON = 5.36 CUP
29 December 20231 RON = 5.37 CUP
31 December 20231 RON = 5.33 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).

01/04/2019: Romania plans to adopt the euro

The Romanian government announces its intention to join the Eurozone and set a target date for adopting the euro as the national currency.

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.

01/06/2005: Currency redenomination

Romania underwent a currency redenomination, with 10,000 old lei being exchanged for 1 new leu, to simplify transactions and eliminate zeros.

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.

01/07/2003: Romania joins EU Accession

As part of joining the European Union, Romania pledges to adopt the euro in the future, aiming for greater economic integration.

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.

28/02/1991: End of communist era

As communism collapsed, Romania undergoes economic reforms and introduces a free-floating exchange rate system for the leu.

01/01/1961: Nationalization of Banks

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

30/12/1947: Communist regime introduces new leu

In an attempt to devalue the currency and control the economy, the Communist regime introduces a new leu at a ratio of 1:20,000.

01/03/1901: Introduction of the gold standard

Romanian leu was tied to the gold standard, ensuring the stability of the currency and attracting foreign investments.

01/04/1867: Creation of the Romanian leu

The leu was established as the official currency of Romania, replacing the previous currencies in circulation.
RON CUP July 2023
RON CUP August 2023
RON CUP September 2023
RON CUP October 2023
RON CUP November 2023
RON CUP December 2023
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