Historic Yemeni Rial Cuban peso

Yemeni Rial cuban peso history for January 2024. The highest quote for this month is 0.09639 (26/01/2024) and the lowest 0.09665 (01/01/2024). The difference between high and low is -0.27.

YER CUP average rate for January 2024 is 0.09596, the change between 01/01/2024 and 31/01/2024 is +0.24 %.

01 January 20241 YER = 0.0962 CUP
02 January 20241 YER = 0.0963 CUP
03 January 20241 YER = 0.0960 CUP
04 January 20241 YER = 0.0959 CUP
05 January 20241 YER = 0.0960 CUP
06 January 20241 YER = 0.0960 CUP
07 January 20241 YER = 0.0960 CUP
08 January 20241 YER = 0.0957 CUP
09 January 20241 YER = 0.0959 CUP
10 January 20241 YER = 0.0959 CUP
11 January 20241 YER = 0.0960 CUP
12 January 20241 YER = 0.0960 CUP
14 January 20241 YER = 0.0960 CUP
15 January 20241 YER = 0.0958 CUP
16 January 20241 YER = 0.0959 CUP
17 January 20241 YER = 0.0961 CUP
18 January 20241 YER = 0.0959 CUP
19 January 20241 YER = 0.0960 CUP
22 January 20241 YER = 0.0959 CUP
23 January 20241 YER = 0.0959 CUP
24 January 20241 YER = 0.0959 CUP
25 January 20241 YER = 0.0960 CUP
26 January 20241 YER = 0.0960 CUP
28 January 20241 YER = 0.0960 CUP
29 January 20241 YER = 0.0960 CUP
30 January 20241 YER = 0.0959 CUP
31 January 20241 YER = 0.0960 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).

11/02/2020: Currency Devaluation

The Yemeni Rial witnessed another devaluation as the Central Bank of Yemen devalued the currency by 25% to ease foreign currency shortages and stabilize the economy.

13/10/2016: Central Bank Relocation

The internationally recognized government of Yemen relocated the Central Bank from Sana'a to Aden, causing further fragmentation in the value and availability of the Yemeni Rial.

16/09/2015: Houthi Takeover and Currency Instability

Following the Houthi rebel's takeover of the capital Sana'a, the Yemeni Rial faced further instability, resulting in hyperinflation and a depreciation of its value.

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.

27/09/2009: Government Decision

The Yemeni government announced a 9.3% devaluation of the rial as a measure to cope with the economic crisis and declining oil revenues.

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.

04/05/1994: Civil War and Currency Devaluation

During the Yemeni Civil War, the Yemeni Rial experienced a significant devaluation, with the exchange rate reaching around 200 rials for 1 US dollar.

22/05/1990: Yemeni Unification

The Yemeni Rial became the official currency of the newly unified country of Yemen after the merger of the Yemen Arab Republic (North Yemen) and People's Democratic Republic of Yemen (South Yemen).

01/01/1961: Nationalization of Banks

The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.

26/08/1948: Currency Introduction

The Yemeni Rial (YER) was first introduced as the official currency of North Yemen, replacing the Yemeni Riyal at a rate of 1 rial = 1,000 Riyals.