Swiss franc cuban peso exchange rate history (CHF CUP) October 2023

Swiss franc cuban peso history for October 2023. The highest quote for this month is 26.873 (22/10/2023) and the lowest 26.957 (22/10/2023). The difference between high and low is -0.31.

CHF CUP average rate for October 2023 is 26.52492, the change between 01/10/2023 and 31/10/2023 is -1.17 %.

01 October 2023	1 CHF = 26.25 CUP
02 October 2023	1 CHF = 26.24 CUP
03 October 2023	1 CHF = 26.13 CUP
04 October 2023	1 CHF = 26.04 CUP
05 October 2023	1 CHF = 26.13 CUP
06 October 2023	1 CHF = 26.20 CUP
09 October 2023	1 CHF = 26.26 CUP
10 October 2023	1 CHF = 26.49 CUP
11 October 2023	1 CHF = 26.52 CUP
12 October 2023	1 CHF = 26.61 CUP
13 October 2023	1 CHF = 26.41 CUP
16 October 2023	1 CHF = 26.57 CUP
17 October 2023	1 CHF = 26.63 CUP
18 October 2023	1 CHF = 26.60 CUP
19 October 2023	1 CHF = 26.68 CUP
20 October 2023	1 CHF = 26.87 CUP
22 October 2023	1 CHF = 26.88 CUP
23 October 2023	1 CHF = 26.79 CUP
24 October 2023	1 CHF = 26.91 CUP
25 October 2023	1 CHF = 26.85 CUP
26 October 2023	1 CHF = 26.73 CUP
27 October 2023	1 CHF = 26.67 CUP
29 October 2023	1 CHF = 26.63 CUP
30 October 2023	1 CHF = 26.51 CUP
31 October 2023	1 CHF = 26.55 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.

Historic Swiss franc Cuban peso