Historic United States dollar Cuban peso

United States dollar cuban peso history since 28/03/2024 until today (0 years). Search for USD to CUP exchange rate history for a particular date, month or year.

is the currency (supplied by Federal Reserve Bank and the currency supplied by Central Bank of Cuba. The USD CUP historical data can be seen on the United States dollar cuban peso historical chart.

29 February 20241 USD = 23.92 CUP
01 March 20241 USD = 23.98 CUP
02 March 20241 USD = 24.00 CUP
03 March 20241 USD = 24.00 CUP
04 March 20241 USD = 23.89 CUP
05 March 20241 USD = 23.98 CUP
06 March 20241 USD = 23.98 CUP
07 March 20241 USD = 23.97 CUP
08 March 20241 USD = 23.87 CUP
09 March 20241 USD = 24.00 CUP
10 March 20241 USD = 24.00 CUP
11 March 20241 USD = 23.95 CUP
12 March 20241 USD = 24.00 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).

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.

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.

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.

01/01/1961: Nationalization of Banks

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