25/02/2020: Introduction of New Large Denomination Banknotes
Uzbekistan introduced new 100,000 and 200,000 som banknotes to meet the requirements of the growing economy and reduce cash circulation.
08/02/2019: Exchange Rate Unification
Uzbekistan unified the official and black-market exchange rates, allowing for more transparency in currency transactions.
03/09/2018: Denomination of Uzbekistani Som
Uzbekistan announced a 1:10,000 denomination of the som, as part of ongoing currency reform.
05/09/2017: Floating Exchange Rate Regime
Uzbekistan transitioned to a floating exchange rate regime, allowing the Uzbekistani Som's value to be determined by market forces.
07/11/2013: Change in banknote design and security features
The Bank of Canada introduced new polymer banknotes with enhanced security features and redesigned motifs, replacing the paper-based notes in circulation since 1935.
10/03/2001: Introduction of New Uzbekistani Som
Uzbekistan introduced a new som, with 1 new som equaling 1,000 old soms, as a result of currency reform.
01/07/1994: Redenomination of Uzbekistani Som
Uzbekistan redenominated its currency, with 1 new som replacing 1,000 old soms to combat hyperinflation.
01/07/1993: Introduction of Uzbekistani Som
Uzbekistani Som (UZS) was introduced as the official currency of Uzbekistan after the country gained independence from the Soviet Union.
15/08/1971: Canada switches to a floating exchange rate
Canada abandoned its fixed exchange rate system and adopted a floating exchange rate, allowing the value of the Canadian dollar to fluctuate in response to market forces.
01/03/1950: Introduction of the Canadian dollar's decimalization
Canada adopted a decimal currency system, dividing the dollar into 100 cents, replacing the previous system based on pounds, shillings, and pence.
01/01/1933: Currency depreciation during the Great Depression
The Canadian dollar experienced significant depreciation during the Great Depression due to economic uncertainty and a decrease in international trade.
02/01/1914: Introduction of the Canadian Dollar Act
The Canadian Dollar Act established the Canadian dollar as the sole currency of Canada and gave the government control over its issuance.
01/01/1858: Introduction of the Canadian dollar
The Canadian pound was replaced by the Canadian dollar as the official currency of Canada, helping to unify the currency across the country.
01/01/1841: Introduction of the Canadian pound
The first Canadian currency was the Canadian pound, which was introduced to replace British pounds in the Province of Canada.