Historic Comorian Franc Cuban peso

Comorian Franc cuban peso history for December 2023. The highest quote for this month is 0.054111 (29/12/2023) and the lowest 0.054095 (29/12/2023). The difference between high and low is 0.03.

KMF CUP average rate for December 2023 is 0.05318, the change between 01/12/2023 and 31/12/2023 is -1.65 %.

01 December 20231 KMF = 0.0535 CUP
02 December 20231 KMF = 0.0531 CUP
03 December 20231 KMF = 0.0530 CUP
04 December 20231 KMF = 0.0531 CUP
05 December 20231 KMF = 0.0531 CUP
06 December 20231 KMF = 0.0526 CUP
07 December 20231 KMF = 0.0526 CUP
08 December 20231 KMF = 0.0527 CUP
10 December 20231 KMF = 0.0524 CUP
11 December 20231 KMF = 0.0525 CUP
12 December 20231 KMF = 0.0525 CUP
13 December 20231 KMF = 0.0524 CUP
14 December 20231 KMF = 0.0525 CUP
15 December 20231 KMF = 0.0525 CUP
16 December 20231 KMF = 0.0533 CUP
17 December 20231 KMF = 0.0533 CUP
18 December 20231 KMF = 0.0528 CUP
19 December 20231 KMF = 0.0536 CUP
20 December 20231 KMF = 0.0534 CUP
21 December 20231 KMF = 0.0534 CUP
22 December 20231 KMF = 0.0534 CUP
23 December 20231 KMF = 0.0537 CUP
24 December 20231 KMF = 0.0538 CUP
25 December 20231 KMF = 0.0537 CUP
26 December 20231 KMF = 0.0537 CUP
27 December 20231 KMF = 0.0539 CUP
28 December 20231 KMF = 0.0541 CUP
29 December 20231 KMF = 0.0544 CUP

18/01/2021: Suspension of Eco adoption

The Central Bank of the Comoros suspended the adoption of the Eco currency, retaining the Comorian Franc as the official currency.

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).

01/01/2019: Replacement of the Franc by the Eco

Comoros agreed to replace the Comorian Franc with the proposed Eco currency, along with other West African countries.

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.

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.

01/07/1997: Revaluation of the Comorian Franc

The Comorian Franc was revalued at a ratio of 1 new Franc to 75 old Francs, reducing the value of the currency.

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.

20/06/1994: Introduction of the New Comorian Franc

Comoros introduced a new series of banknotes and coins, replacing the old Comorian Franc.

01/01/1976: Establishment of the Central Bank of Comoros

The Central Bank of Comoros was established to manage the monetary policies and issue the Comorian Franc.

06/07/1975: Independence of Comoros

Comoros gained independence from France, but continued using the Comorian Franc as its currency.

01/01/1961: Nationalization of Banks

The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.

01/01/1920: Introduction of the Comorian Franc

The Comorian Franc was introduced as the official currency of Comoros by the French colonial administration.