Historic United States dollar Cuban peso

United States dollar cuban peso history for December 2023. The highest quote for this month is 24.132 (18/12/2023) and the lowest 24.015 (25/12/2023). The difference between high and low is 0.48.

USD CUP average rate for December 2023 is 23.99613, the change between 01/12/2023 and 31/12/2023 is -0.1 %.

01 December 20231 USD = 23.98 CUP
02 December 20231 USD = 24.00 CUP
03 December 20231 USD = 24.00 CUP
04 December 20231 USD = 23.99 CUP
05 December 20231 USD = 23.99 CUP
06 December 20231 USD = 23.97 CUP
07 December 20231 USD = 24.01 CUP
08 December 20231 USD = 23.99 CUP
09 December 20231 USD = 24.00 CUP
10 December 20231 USD = 24.00 CUP
11 December 20231 USD = 24.01 CUP
12 December 20231 USD = 23.99 CUP
13 December 20231 USD = 23.97 CUP
14 December 20231 USD = 23.98 CUP
15 December 20231 USD = 23.96 CUP
16 December 20231 USD = 24.00 CUP
17 December 20231 USD = 24.00 CUP
18 December 20231 USD = 24.10 CUP
19 December 20231 USD = 23.97 CUP
20 December 20231 USD = 23.95 CUP
21 December 20231 USD = 23.97 CUP
22 December 20231 USD = 23.97 CUP
23 December 20231 USD = 24.00 CUP
24 December 20231 USD = 24.00 CUP
25 December 20231 USD = 24.00 CUP
26 December 20231 USD = 24.00 CUP
27 December 20231 USD = 24.02 CUP
28 December 20231 USD = 23.97 CUP
29 December 20231 USD = 24.10 CUP
30 December 20231 USD = 24.00 CUP
31 December 20231 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.