Historic Swiss franc Cuban peso

Swiss franc cuban peso history for November 2023. The highest quote for this month is 27.374 (30/11/2023) and the lowest 27.591 (30/11/2023). The difference between high and low is -0.79.

CHF CUP average rate for November 2023 is 26.87596, the change between 01/11/2023 and 30/11/2023 is -4.17 %.

01 November 20231 CHF = 26.34 CUP
02 November 20231 CHF = 26.46 CUP
03 November 20231 CHF = 26.41 CUP
06 November 20231 CHF = 26.44 CUP
07 November 20231 CHF = 26.66 CUP
08 November 20231 CHF = 26.62 CUP
09 November 20231 CHF = 26.68 CUP
10 November 20231 CHF = 26.54 CUP
12 November 20231 CHF = 26.63 CUP
13 November 20231 CHF = 26.48 CUP
14 November 20231 CHF = 26.62 CUP
15 November 20231 CHF = 26.95 CUP
16 November 20231 CHF = 27.04 CUP
17 November 20231 CHF = 27.00 CUP
18 November 20231 CHF = 27.12 CUP
19 November 20231 CHF = 27.11 CUP
20 November 20231 CHF = 26.93 CUP
21 November 20231 CHF = 27.10 CUP
22 November 20231 CHF = 27.13 CUP
23 November 20231 CHF = 27.10 CUP
24 November 20231 CHF = 27.12 CUP
26 November 20231 CHF = 27.21 CUP
27 November 20231 CHF = 27.08 CUP
28 November 20231 CHF = 27.25 CUP
29 November 20231 CHF = 27.32 CUP
30 November 20231 CHF = 27.44 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.
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