Australian dollar cuban peso exchange rate history (AUD CUP) January 2024

Australian dollar cuban peso history for January 2024. The highest quote for this month is 16.39 (01/01/2024) and the lowest 16.404 (02/01/2024). The difference between high and low is -0.09.

AUD CUP average rate for January 2024 is 15.95639, the change between 01/01/2024 and 31/01/2024 is +3.5 %.

01 January 2024	1 AUD = 16.38 CUP
02 January 2024	1 AUD = 16.37 CUP
03 January 2024	1 AUD = 16.22 CUP
04 January 2024	1 AUD = 16.13 CUP
05 January 2024	1 AUD = 16.08 CUP
06 January 2024	1 AUD = 16.12 CUP
07 January 2024	1 AUD = 16.12 CUP
08 January 2024	1 AUD = 16.06 CUP
09 January 2024	1 AUD = 16.10 CUP
10 January 2024	1 AUD = 16.02 CUP
11 January 2024	1 AUD = 16.07 CUP
12 January 2024	1 AUD = 16.06 CUP
13 January 2024	1 AUD = 16.05 CUP
14 January 2024	1 AUD = 16.06 CUP
15 January 2024	1 AUD = 16.01 CUP
16 January 2024	1 AUD = 15.93 CUP
17 January 2024	1 AUD = 15.82 CUP
18 January 2024	1 AUD = 15.71 CUP
19 January 2024	1 AUD = 15.78 CUP
20 January 2024	1 AUD = 15.84 CUP
21 January 2024	1 AUD = 15.83 CUP
22 January 2024	1 AUD = 15.80 CUP
23 January 2024	1 AUD = 15.75 CUP
24 January 2024	1 AUD = 15.78 CUP
25 January 2024	1 AUD = 15.76 CUP
26 January 2024	1 AUD = 15.80 CUP
27 January 2024	1 AUD = 15.79 CUP
28 January 2024	1 AUD = 15.79 CUP
29 January 2024	1 AUD = 15.79 CUP
30 January 2024	1 AUD = 15.85 CUP
31 January 2024	1 AUD = 15.81 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