Historic Singapore dollar Cuban peso

Singapore dollar cuban peso history for December 2023. The highest quote for this month is 18.212 (29/12/2023) and the lowest 18.272 (25/12/2023). The difference between high and low is -0.33.

SGD CUP average rate for December 2023 is 18.02316, the change between 01/12/2023 and 31/12/2023 is -1.46 %.

01 December 20231 SGD = 17.93 CUP
02 December 20231 SGD = 18.00 CUP
03 December 20231 SGD = 18.00 CUP
04 December 20231 SGD = 18.00 CUP
05 December 20231 SGD = 17.93 CUP
06 December 20231 SGD = 17.88 CUP
07 December 20231 SGD = 17.89 CUP
08 December 20231 SGD = 17.91 CUP
09 December 20231 SGD = 17.89 CUP
10 December 20231 SGD = 17.91 CUP
11 December 20231 SGD = 17.90 CUP
12 December 20231 SGD = 17.86 CUP
13 December 20231 SGD = 17.88 CUP
14 December 20231 SGD = 17.99 CUP
15 December 20231 SGD = 18.04 CUP
16 December 20231 SGD = 18.02 CUP
17 December 20231 SGD = 18.02 CUP
18 December 20231 SGD = 18.08 CUP
19 December 20231 SGD = 18.00 CUP
20 December 20231 SGD = 18.03 CUP
21 December 20231 SGD = 18.00 CUP
22 December 20231 SGD = 18.07 CUP
23 December 20231 SGD = 18.13 CUP
24 December 20231 SGD = 18.13 CUP
25 December 20231 SGD = 18.15 CUP
26 December 20231 SGD = 18.12 CUP
27 December 20231 SGD = 18.15 CUP
28 December 20231 SGD = 18.17 CUP
29 December 20231 SGD = 18.26 CUP
30 December 20231 SGD = 18.19 CUP
31 December 20231 SGD = 18.19 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).

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

01/01/1961: Nationalization of Banks

The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.
SGD CUP July 2023
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