Historic United States dollar Cuban peso

United States dollar cuban peso history for February 2024. The highest quote for this month is 24.225 (05/02/2024) and the lowest 24 (03/02/2024). The difference between high and low is 0.93.

USD CUP average rate for February 2024 is 23.98386, the change between 01/02/2024 and 29/02/2024 is +0.03 %.

01 February 20241 USD = 23.93 CUP
02 February 20241 USD = 23.97 CUP
03 February 20241 USD = 24.00 CUP
04 February 20241 USD = 24.00 CUP
05 February 20241 USD = 24.19 CUP
06 February 20241 USD = 24.00 CUP
07 February 20241 USD = 23.99 CUP
08 February 20241 USD = 23.98 CUP
09 February 20241 USD = 23.99 CUP
10 February 20241 USD = 24.00 CUP
11 February 20241 USD = 24.00 CUP
12 February 20241 USD = 23.95 CUP
13 February 20241 USD = 23.97 CUP
14 February 20241 USD = 23.97 CUP
15 February 20241 USD = 23.97 CUP
16 February 20241 USD = 23.96 CUP
17 February 20241 USD = 24.00 CUP
18 February 20241 USD = 24.00 CUP
19 February 20241 USD = 23.97 CUP
20 February 20241 USD = 23.97 CUP
21 February 20241 USD = 23.97 CUP
22 February 20241 USD = 23.97 CUP
23 February 20241 USD = 23.98 CUP
24 February 20241 USD = 24.00 CUP
25 February 20241 USD = 24.00 CUP
26 February 20241 USD = 23.95 CUP
27 February 20241 USD = 23.97 CUP
28 February 20241 USD = 23.97 CUP
29 February 20241 USD = 23.92 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.