Cuban peso australian dollar exchange rate history (CUP AUD) January 2024

Cuban peso australian dollar history for January 2024. The highest quote for this month is 0.063811 (17/01/2024) and the lowest 0.063545 (18/01/2024). The difference between high and low is 0.42.

CUP AUD average rate for January 2024 is 0.06268, the change between 01/01/2024 and 31/01/2024 is -3.63 %.

01 January 2024	1 CUP = 0.0610 AUD
02 January 2024	1 CUP = 0.0611 AUD
03 January 2024	1 CUP = 0.0616 AUD
04 January 2024	1 CUP = 0.0620 AUD
05 January 2024	1 CUP = 0.0622 AUD
06 January 2024	1 CUP = 0.0620 AUD
07 January 2024	1 CUP = 0.0620 AUD
08 January 2024	1 CUP = 0.0623 AUD
09 January 2024	1 CUP = 0.0621 AUD
10 January 2024	1 CUP = 0.0624 AUD
11 January 2024	1 CUP = 0.0622 AUD
12 January 2024	1 CUP = 0.0623 AUD
13 January 2024	1 CUP = 0.0623 AUD
14 January 2024	1 CUP = 0.0623 AUD
15 January 2024	1 CUP = 0.0625 AUD
16 January 2024	1 CUP = 0.0628 AUD
17 January 2024	1 CUP = 0.0632 AUD
18 January 2024	1 CUP = 0.0637 AUD
19 January 2024	1 CUP = 0.0634 AUD
20 January 2024	1 CUP = 0.0631 AUD
21 January 2024	1 CUP = 0.0632 AUD
22 January 2024	1 CUP = 0.0633 AUD
23 January 2024	1 CUP = 0.0635 AUD
24 January 2024	1 CUP = 0.0634 AUD
25 January 2024	1 CUP = 0.0634 AUD
26 January 2024	1 CUP = 0.0633 AUD
27 January 2024	1 CUP = 0.0634 AUD
28 January 2024	1 CUP = 0.0633 AUD
29 January 2024	1 CUP = 0.0634 AUD
30 January 2024	1 CUP = 0.0631 AUD
31 January 2024	1 CUP = 0.0633 AUD

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 Cuban peso Australian dollar