Historic United States dollar Cuban peso

United States dollar cuban peso history for June 2023. The highest quote for this month is 24.008 (12/06/2023) and the lowest 24 (03/06/2023). The difference between high and low is 0.03.

USD CUP average rate for June 2023 is 23.97014, the change between 01/06/2023 and 30/06/2023 is +0.58 %.

02 June 20231 USD = 23.96 CUP
03 June 20231 USD = 24.00 CUP
04 June 20231 USD = 24.00 CUP
09 June 20231 USD = 23.97 CUP
10 June 20231 USD = 24.00 CUP
12 June 20231 USD = 23.96 CUP
13 June 20231 USD = 23.98 CUP
16 June 20231 USD = 23.99 CUP
17 June 20231 USD = 24.00 CUP
18 June 20231 USD = 24.00 CUP
19 June 20231 USD = 23.93 CUP
20 June 20231 USD = 23.97 CUP
25 June 20231 USD = 24.00 CUP
26 June 20231 USD = 23.82 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.