Historic Cayman Islands dollar Cuban peso

Cayman Islands dollar cuban peso history for February 2024. The highest quote for this month is 29.425 (15/02/2024) and the lowest 29.427 (14/02/2024). The difference between high and low is -0.01.

KYD CUP average rate for February 2024 is 29.37807, the change between 01/02/2024 and 29/02/2024 is -0.01 %.

01 February 20241 KYD = 29.42 CUP
02 February 20241 KYD = 29.42 CUP
03 February 20241 KYD = 29.27 CUP
04 February 20241 KYD = 29.27 CUP
05 February 20241 KYD = 29.42 CUP
06 February 20241 KYD = 29.42 CUP
07 February 20241 KYD = 29.42 CUP
08 February 20241 KYD = 29.42 CUP
09 February 20241 KYD = 29.42 CUP
10 February 20241 KYD = 29.27 CUP
11 February 20241 KYD = 29.27 CUP
12 February 20241 KYD = 29.42 CUP
13 February 20241 KYD = 29.42 CUP
14 February 20241 KYD = 29.42 CUP
15 February 20241 KYD = 29.43 CUP
16 February 20241 KYD = 29.43 CUP
17 February 20241 KYD = 29.27 CUP
18 February 20241 KYD = 29.27 CUP
19 February 20241 KYD = 29.42 CUP
20 February 20241 KYD = 29.42 CUP
21 February 20241 KYD = 29.42 CUP
22 February 20241 KYD = 29.42 CUP
23 February 20241 KYD = 29.41 CUP
24 February 20241 KYD = 29.27 CUP
25 February 20241 KYD = 29.27 CUP
26 February 20241 KYD = 29.42 CUP
27 February 20241 KYD = 29.42 CUP
28 February 20241 KYD = 29.42 CUP
29 February 20241 KYD = 29.42 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).

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.

01/01/2010: Removal of 1 cent coin from circulation

Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.

01/11/2007: Transition from Crown Dependencies to Overseas Countries and Territories

The Cayman Islands, including its currency, transitioned from being labeled as a Crown Dependency to an Overseas Country and Territory.

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.

01/01/2001: Issuance of New Banknotes and Coins

New banknotes and coins with enhanced security features were introduced to combat counterfeiting.

01/01/1999: Introduction of Cayman Islands Currency Law

The Cayman Islands Currency Law was enacted to provide a legal framework for the issuance and regulation of the currency.

01/07/1997: Pegging of the Cayman Islands Dollar to the US Dollar

The Cayman Islands dollar was pegged to the US dollar at a fixed exchange rate of KYD 1.00 = USD 1.20.

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.

07/11/1974: Creation of the Cayman Islands Monetary Authority

The Cayman Islands Monetary Authority was established as the central bank responsible for regulating the currency and financial institutions.

01/01/1972: Introduction of Cayman Islands Dollar

The Cayman Islands dollar was first introduced as the official currency, replacing the Jamaican dollar.

01/01/1961: Nationalization of Banks

The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.
KYD CUP January 2024
KYD CUP February 2024
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KYD CUP January 2025