Australian dollar cuban peso exchange rate history (AUD CUP) December 2023

Australian dollar cuban peso history for December 2023. The highest quote for this month is 16.368 (28/12/2023) and the lowest 17.032 (25/12/2023). The difference between high and low is -4.06.

AUD CUP average rate for December 2023 is 16.07268, the change between 01/12/2023 and 31/12/2023 is -3.23 %.

01 December 2023	1 AUD = 15.84 CUP
02 December 2023	1 AUD = 16.03 CUP
03 December 2023	1 AUD = 16.00 CUP
04 December 2023	1 AUD = 16.03 CUP
05 December 2023	1 AUD = 15.87 CUP
06 December 2023	1 AUD = 15.71 CUP
07 December 2023	1 AUD = 15.73 CUP
08 December 2023	1 AUD = 15.82 CUP
09 December 2023	1 AUD = 15.79 CUP
10 December 2023	1 AUD = 15.78 CUP
11 December 2023	1 AUD = 15.80 CUP
12 December 2023	1 AUD = 15.75 CUP
13 December 2023	1 AUD = 15.74 CUP
14 December 2023	1 AUD = 15.98 CUP
15 December 2023	1 AUD = 16.06 CUP
16 December 2023	1 AUD = 16.08 CUP
17 December 2023	1 AUD = 16.08 CUP
18 December 2023	1 AUD = 16.15 CUP
19 December 2023	1 AUD = 16.07 CUP
20 December 2023	1 AUD = 16.20 CUP
21 December 2023	1 AUD = 16.16 CUP
22 December 2023	1 AUD = 16.29 CUP
23 December 2023	1 AUD = 16.33 CUP
24 December 2023	1 AUD = 16.33 CUP
25 December 2023	1 AUD = 16.34 CUP
26 December 2023	1 AUD = 16.33 CUP
27 December 2023	1 AUD = 16.39 CUP
28 December 2023	1 AUD = 16.43 CUP
29 December 2023	1 AUD = 16.45 CUP
30 December 2023	1 AUD = 16.35 CUP
31 December 2023	1 AUD = 16.35 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).

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

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.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

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.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

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.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

01/01/1961: Nationalization of Banks

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

Historic Australian dollar Cuban peso