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 July 2023
AUD CUP August 2023
AUD CUP September 2023
AUD CUP October 2023
AUD CUP November 2023
AUD CUP December 2023
AUD CUP January 2024
AUD CUP February 2024
AUD CUP March 2024
AUD CUP April 2024
AUD CUP May 2024
AUD CUP June 2024
AUD CUP July 2024