Historic Australian dollar Cuban peso

Australian dollar cuban peso history for February 2024. The highest quote for this month is 15.751 (24/02/2024) and the lowest 15.784 (23/02/2024). The difference between high and low is -0.21.

AUD CUP average rate for February 2024 is 15.6601, the change between 01/02/2024 and 29/02/2024 is +1.05 %.

01 February 20241 AUD = 15.70 CUP
02 February 20241 AUD = 15.76 CUP
03 February 20241 AUD = 15.64 CUP
04 February 20241 AUD = 15.64 CUP
05 February 20241 AUD = 15.74 CUP
06 February 20241 AUD = 15.55 CUP
07 February 20241 AUD = 15.66 CUP
08 February 20241 AUD = 15.64 CUP
09 February 20241 AUD = 15.59 CUP
10 February 20241 AUD = 15.66 CUP
11 February 20241 AUD = 15.65 CUP
12 February 20241 AUD = 15.63 CUP
13 February 20241 AUD = 15.65 CUP
14 February 20241 AUD = 15.47 CUP
15 February 20241 AUD = 15.58 CUP
16 February 20241 AUD = 15.64 CUP
17 February 20241 AUD = 15.68 CUP
18 February 20241 AUD = 15.68 CUP
19 February 20241 AUD = 15.67 CUP
20 February 20241 AUD = 15.65 CUP
21 February 20241 AUD = 15.71 CUP
22 February 20241 AUD = 15.71 CUP
23 February 20241 AUD = 15.73 CUP
24 February 20241 AUD = 15.75 CUP
25 February 20241 AUD = 15.75 CUP
26 February 20241 AUD = 15.73 CUP
27 February 20241 AUD = 15.67 CUP
28 February 20241 AUD = 15.68 CUP
29 February 20241 AUD = 15.54 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.
AUD CUP January 2024
AUD CUP February 2024
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