Historic Ukrainian hryvnia Cuban peso

Ukrainian hryvnia cuban peso history for March 2024. The highest quote for this month is 0.63375 (01/03/2024) and the lowest 0.634 (01/03/2024). The difference between high and low is -0.04.

UAH CUP average rate for March 2024 is 0.63072, the change between 01/03/2024 and 31/03/2024 is +1.43 %.

01 March 20241 UAH = 0.6351 CUP
03 March 20241 UAH = 0.6260 CUP
04 March 20241 UAH = 0.6327 CUP
05 March 20241 UAH = 0.6304 CUP
06 March 20241 UAH = 0.6288 CUP
07 March 20241 UAH = 0.6316 CUP
08 March 20241 UAH = 0.6340 CUP
11 March 20241 UAH = 0.6318 CUP
12 March 20241 UAH = 0.6260 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).

02/03/2020: COVID-19 impact

The outbreak of the COVID-19 pandemic resulted in economic disruptions, affecting the Ukrainian Hryvnia and causing volatility in the currency markets.

05/02/2015: Currency devaluation

Due to the economic crisis, the Ukrainian Hryvnia experienced a significant devaluation, leading to a sharp increase in prices and financial hardships.

20/02/2014: Ukrainian revolution

The Ukrainian revolution began, leading to political instability and economic challenges, impacting the value and stability of the Ukrainian Hryvnia.

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.

01/07/2008: Exchange rate flexibility

Ukraine implemented a flexible exchange rate system, allowing the Ukrainian Hryvnia to fluctuate based on market forces rather than being pegged to a fixed rate.

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.

01/10/2004: Banknote redesign

New banknotes of the Ukrainian Hryvnia were issued with enhanced security features and updated designs, aimed at combating counterfeiting.

02/09/1996: Currency reform

A currency reform was conducted, introducing new banknotes and coins of the Ukrainian Hryvnia, addressing issues of inflation and stabilization.

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.

02/09/1992: Introduction of the Ukrainian Hryvnia

The Ukrainian Hryvnia (UAH) was introduced as the national currency, replacing the Soviet ruble, marking Ukraine's economic independence.

01/01/1961: Nationalization of Banks

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