Historic Argentine peso Cuban peso

Argentine peso cuban peso history for February 2024. The highest quote for this month is 0.029071 (01/02/2024) and the lowest 0.029028 (03/02/2024). The difference between high and low is 0.15.

ARS CUP average rate for February 2024 is 0.02876, the change between 01/02/2024 and 29/02/2024 is +1.86 %.

01 February 20241 ARS = 0.0290 CUP
02 February 20241 ARS = 0.0290 CUP
03 February 20241 ARS = 0.0290 CUP
04 February 20241 ARS = 0.0290 CUP
05 February 20241 ARS = 0.0290 CUP
06 February 20241 ARS = 0.0289 CUP
07 February 20241 ARS = 0.0289 CUP
08 February 20241 ARS = 0.0289 CUP
09 February 20241 ARS = 0.0289 CUP
12 February 20241 ARS = 0.0289 CUP
13 February 20241 ARS = 0.0288 CUP
14 February 20241 ARS = 0.0288 CUP
15 February 20241 ARS = 0.0287 CUP
16 February 20241 ARS = 0.0287 CUP
17 February 20241 ARS = 0.0287 CUP
18 February 20241 ARS = 0.0287 CUP
19 February 20241 ARS = 0.0287 CUP
20 February 20241 ARS = 0.0286 CUP
21 February 20241 ARS = 0.0286 CUP
22 February 20241 ARS = 0.0286 CUP
23 February 20241 ARS = 0.0286 CUP
24 February 20241 ARS = 0.0286 CUP
25 February 20241 ARS = 0.0286 CUP
26 February 20241 ARS = 0.0286 CUP
27 February 20241 ARS = 0.0285 CUP
28 February 20241 ARS = 0.0285 CUP
29 February 20241 ARS = 0.0284 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).

14/09/2020: Introduction of Currency Controls

Argentina tightens currency controls to stabilize the peso and prevent capital flight, imposing restrictions on foreign currency purchases and transfers, marking a significant shift in monetary policy.

11/08/2019: Primary Elections and Peso Devaluation

Following the primary elections, uncertainty in the financial markets leads to a significant devaluation of the peso, causing economic turmoil and further exacerbating the country's financial difficulties.

09/12/2015: Change in Government

Mauricio Macri assumes the presidency, bringing in economic reforms and liberalization policies, impacting the exchange rate and the value of the Argentine peso.

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.

02/12/2001: Economic Crisis and Devaluation

Argentina faces a severe economic crisis, resulting in the devaluation of the peso, leading to a sharp decline in its value and triggering social and political unrest.

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.

31/03/1991: Introduction of Convertibility Plan

The Convertibility Plan is implemented, fixing the exchange rate between the Argentine peso and the US dollar on a one-to-one basis, as an attempt to control inflation.

06/01/1985: Introduction of Austral as a new currency

The Argentine government replaces the peso with the Austral as the new currency, aiming to stabilize the economy and tackle hyperinflation.

29/01/1983: End of the military dictatorship

After seven years of military rule, democratic elections are held in Argentina, leading to the end of the military dictatorship and the beginning of a period of economic and political transition.

01/01/1961: Nationalization of Banks

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