Historic United States dollar Cuban peso

United States dollar cuban peso history for October 2023. The highest quote for this month is 24.152 (13/10/2023) and the lowest 24 (01/10/2023). The difference between high and low is 0.63.

USD CUP average rate for October 2023 is 23.96838, the change between 01/10/2023 and 31/10/2023 is +0.19 %.

01 October 20231 USD = 24.00 CUP
03 October 20231 USD = 23.98 CUP
04 October 20231 USD = 23.98 CUP
06 October 20231 USD = 23.91 CUP
07 October 20231 USD = 24.00 CUP
08 October 20231 USD = 24.00 CUP
09 October 20231 USD = 23.87 CUP
10 October 20231 USD = 23.97 CUP
11 October 20231 USD = 23.98 CUP
13 October 20231 USD = 23.97 CUP
16 October 20231 USD = 23.98 CUP
17 October 20231 USD = 23.98 CUP
18 October 20231 USD = 23.94 CUP
19 October 20231 USD = 23.97 CUP
20 October 20231 USD = 23.96 CUP
21 October 20231 USD = 24.00 CUP
22 October 20231 USD = 24.00 CUP
23 October 20231 USD = 23.93 CUP
24 October 20231 USD = 23.96 CUP
25 October 20231 USD = 23.97 CUP
26 October 20231 USD = 23.97 CUP
27 October 20231 USD = 23.98 CUP
28 October 20231 USD = 24.00 CUP
29 October 20231 USD = 24.00 CUP
30 October 20231 USD = 23.92 CUP
31 October 20231 USD = 23.95 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.