Historic Ukrainian hryvnia Cuban peso

Ukrainian hryvnia cuban peso history for October 2023. The highest quote for this month is 0.66513 (31/10/2023) and the lowest 0.6651 (31/10/2023). The difference between high and low is 0.

UAH CUP average rate for October 2023 is 0.66011, the change between 01/10/2023 and 31/10/2023 is -1.13 %.

01 October 20231 UAH = 0.6563 CUP
02 October 20231 UAH = 0.6541 CUP
03 October 20231 UAH = 0.6577 CUP
04 October 20231 UAH = 0.6593 CUP
05 October 20231 UAH = 0.6592 CUP
06 October 20231 UAH = 0.6598 CUP
07 October 20231 UAH = 0.6563 CUP
09 October 20231 UAH = 0.6592 CUP
10 October 20231 UAH = 0.6612 CUP
11 October 20231 UAH = 0.6623 CUP
12 October 20231 UAH = 0.6622 CUP
13 October 20231 UAH = 0.6628 CUP
16 October 20231 UAH = 0.6644 CUP
17 October 20231 UAH = 0.6643 CUP
18 October 20231 UAH = 0.6616 CUP
19 October 20231 UAH = 0.6598 CUP
20 October 20231 UAH = 0.6600 CUP
21 October 20231 UAH = 0.6563 CUP
22 October 20231 UAH = 0.6563 CUP
23 October 20231 UAH = 0.6614 CUP
24 October 20231 UAH = 0.6607 CUP
25 October 20231 UAH = 0.6607 CUP
26 October 20231 UAH = 0.6613 CUP
27 October 20231 UAH = 0.6622 CUP
29 October 20231 UAH = 0.6563 CUP
30 October 20231 UAH = 0.6635 CUP
31 October 20231 UAH = 0.6637 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.