Historic Singapore dollar Cuban peso

Singapore dollar cuban peso history for January 2024. The highest quote for this month is 18.236 (01/01/2024) and the lowest 18.226 (01/01/2024). The difference between high and low is 0.05.

SGD CUP average rate for January 2024 is 17.96581, the change between 01/01/2024 and 31/01/2024 is +1.71 %.

01 January 20241 SGD = 18.21 CUP
02 January 20241 SGD = 18.22 CUP
03 January 20241 SGD = 18.08 CUP
04 January 20241 SGD = 18.03 CUP
05 January 20241 SGD = 18.03 CUP
06 January 20241 SGD = 18.06 CUP
07 January 20241 SGD = 18.06 CUP
08 January 20241 SGD = 17.98 CUP
09 January 20241 SGD = 18.03 CUP
10 January 20241 SGD = 18.01 CUP
11 January 20241 SGD = 18.01 CUP
12 January 20241 SGD = 18.03 CUP
13 January 20241 SGD = 18.03 CUP
14 January 20241 SGD = 18.02 CUP
15 January 20241 SGD = 17.97 CUP
16 January 20241 SGD = 17.96 CUP
17 January 20241 SGD = 17.88 CUP
18 January 20241 SGD = 17.83 CUP
19 January 20241 SGD = 17.84 CUP
20 January 20241 SGD = 17.91 CUP
21 January 20241 SGD = 17.91 CUP
22 January 20241 SGD = 17.87 CUP
23 January 20241 SGD = 17.85 CUP
24 January 20241 SGD = 17.87 CUP
25 January 20241 SGD = 17.89 CUP
26 January 20241 SGD = 17.89 CUP
27 January 20241 SGD = 17.90 CUP
28 January 20241 SGD = 17.90 CUP
29 January 20241 SGD = 17.88 CUP
30 January 20241 SGD = 17.89 CUP
31 January 20241 SGD = 17.90 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.