Historic Australian dollar Cuban peso

Australian dollar cuban peso history for November 2023. The highest quote for this month is 15.834 (29/11/2023) and the lowest 15.967 (28/11/2023). The difference between high and low is -0.84.

AUD CUP average rate for November 2023 is 15.55243, the change between 01/11/2023 and 30/11/2023 is -4.39 %.

01 November 20231 AUD = 15.20 CUP
02 November 20231 AUD = 15.39 CUP
03 November 20231 AUD = 15.38 CUP
06 November 20231 AUD = 15.49 CUP
07 November 20231 AUD = 15.56 CUP
08 November 20231 AUD = 15.40 CUP
09 November 20231 AUD = 15.37 CUP
10 November 20231 AUD = 15.25 CUP
11 November 20231 AUD = 15.28 CUP
12 November 20231 AUD = 15.26 CUP
13 November 20231 AUD = 15.20 CUP
14 November 20231 AUD = 15.31 CUP
15 November 20231 AUD = 15.58 CUP
16 November 20231 AUD = 15.62 CUP
17 November 20231 AUD = 15.52 CUP
18 November 20231 AUD = 15.63 CUP
19 November 20231 AUD = 15.64 CUP
20 November 20231 AUD = 15.54 CUP
21 November 20231 AUD = 15.73 CUP
22 November 20231 AUD = 15.72 CUP
23 November 20231 AUD = 15.68 CUP
24 November 20231 AUD = 15.74 CUP
25 November 20231 AUD = 15.80 CUP
26 November 20231 AUD = 15.80 CUP
27 November 20231 AUD = 15.73 CUP
28 November 20231 AUD = 15.85 CUP
29 November 20231 AUD = 15.95 CUP
30 November 20231 AUD = 15.86 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.
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