Historic Swiss franc Cuban peso

Swiss franc cuban peso history for January 2024. The highest quote for this month is 28.571 (01/01/2024) and the lowest 28.594 (01/01/2024). The difference between high and low is -0.08.

CHF CUP average rate for January 2024 is 27.95537, the change between 01/01/2024 and 31/01/2024 is +2.65 %.

01 January 20241 CHF = 28.57 CUP
02 January 20241 CHF = 28.56 CUP
03 January 20241 CHF = 28.21 CUP
04 January 20241 CHF = 28.21 CUP
05 January 20241 CHF = 28.20 CUP
08 January 20241 CHF = 28.10 CUP
09 January 20241 CHF = 28.26 CUP
10 January 20241 CHF = 28.12 CUP
11 January 20241 CHF = 28.18 CUP
12 January 20241 CHF = 28.17 CUP
14 January 20241 CHF = 28.21 CUP
15 January 20241 CHF = 28.05 CUP
16 January 20241 CHF = 27.98 CUP
17 January 20241 CHF = 27.87 CUP
18 January 20241 CHF = 27.73 CUP
19 January 20241 CHF = 27.62 CUP
21 January 20241 CHF = 27.64 CUP
22 January 20241 CHF = 27.58 CUP
23 January 20241 CHF = 27.57 CUP
24 January 20241 CHF = 27.56 CUP
25 January 20241 CHF = 27.77 CUP
26 January 20241 CHF = 27.67 CUP
27 January 20241 CHF = 27.79 CUP
28 January 20241 CHF = 27.79 CUP
29 January 20241 CHF = 27.77 CUP
30 January 20241 CHF = 27.82 CUP
31 January 20241 CHF = 27.81 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).

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

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.

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

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.

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official currency.

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.

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

01/01/1961: Nationalization of Banks

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

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.
CHF CUP July 2023
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CHF CUP September 2023
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CHF CUP December 2023
CHF CUP January 2024
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