Historic Cuban peso Bermudian dollar

Cuban peso bermudian dollar history for February 2024. The highest quote for this month is 0.041733 (15/02/2024) and the lowest 0.041962 (02/02/2024). The difference between high and low is -0.55.

CUP BMD average rate for February 2024 is 0.04169, the change between 01/02/2024 and 29/02/2024 is -0.03 %.

01 February 20241 CUP = 0.0418 BMD
02 February 20241 CUP = 0.0417 BMD
03 February 20241 CUP = 0.0417 BMD
04 February 20241 CUP = 0.0417 BMD
05 February 20241 CUP = 0.0413 BMD
06 February 20241 CUP = 0.0417 BMD
07 February 20241 CUP = 0.0417 BMD
08 February 20241 CUP = 0.0417 BMD
09 February 20241 CUP = 0.0417 BMD
10 February 20241 CUP = 0.0417 BMD
11 February 20241 CUP = 0.0417 BMD
12 February 20241 CUP = 0.0418 BMD
13 February 20241 CUP = 0.0417 BMD
14 February 20241 CUP = 0.0417 BMD
15 February 20241 CUP = 0.0417 BMD
16 February 20241 CUP = 0.0417 BMD
17 February 20241 CUP = 0.0417 BMD
18 February 20241 CUP = 0.0417 BMD
19 February 20241 CUP = 0.0417 BMD
20 February 20241 CUP = 0.0417 BMD
21 February 20241 CUP = 0.0417 BMD
22 February 20241 CUP = 0.0417 BMD
23 February 20241 CUP = 0.0417 BMD
24 February 20241 CUP = 0.0417 BMD
25 February 20241 CUP = 0.0417 BMD
26 February 20241 CUP = 0.0418 BMD
27 February 20241 CUP = 0.0417 BMD
28 February 20241 CUP = 0.0417 BMD
29 February 20241 CUP = 0.0418 BMD

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: Switch to the Bermuda dollar symbol

Bermuda officially adopted a new currency symbol for the Bermudian dollar, replacing the British pound sign used previously.

16/03/2015: Redesign of banknotes

The Bermuda Monetary Authority unveiled a redesigned series of banknotes featuring enhanced security features and updated designs.

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.

01/05/2012: Introduction of polymer banknotes

Bermuda introduced polymer banknotes to replace paper currency for better durability and security.

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.

01/01/1997: Incorporation into Federal Reserve System

The US Federal Reserve System incorporated the Bermuda Monetary Authority into its banking system.

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.

06/01/1982: New notes and coins

Bermuda issued new notes and coins, featuring iconic local sights, to commemorate its 375th anniversary.

25/02/1972: Introduction of decimal coins

Bermuda introduced a decimal currency system, replacing the old pounds, shillings, and pence.

06/07/1970: Currency Board Agreement

Bermuda established a Currency Board System, pegging the Bermudian dollar at par with the US dollar.

01/01/1961: Nationalization of Banks

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