Historic Cuban peso Cambodian Riel

Cuban peso cambodian riel history for December 2023. The highest quote for this month is 171.24 (20/12/2023) and the lowest 171 (10/12/2023). The difference between high and low is 0.14.

CUP KHR average rate for December 2023 is 169.82464, the change between 01/12/2023 and 31/12/2023 is +0.54 %.

01 December 20231 CUP = 167.8 KHR
02 December 20231 CUP = 170.9 KHR
03 December 20231 CUP = 170.9 KHR
04 December 20231 CUP = 167.8 KHR
05 December 20231 CUP = 171.0 KHR
06 December 20231 CUP = 171.2 KHR
07 December 20231 CUP = 167.7 KHR
08 December 20231 CUP = 171.1 KHR
10 December 20231 CUP = 171.0 KHR
11 December 20231 CUP = 167.8 KHR
12 December 20231 CUP = 170.9 KHR
13 December 20231 CUP = 167.5 KHR
14 December 20231 CUP = 171.1 KHR
15 December 20231 CUP = 171.3 KHR
16 December 20231 CUP = 170.9 KHR
17 December 20231 CUP = 170.9 KHR
18 December 20231 CUP = 167.6 KHR
19 December 20231 CUP = 171.0 KHR
20 December 20231 CUP = 171.4 KHR
21 December 20231 CUP = 171.0 KHR
22 December 20231 CUP = 170.8 KHR
23 December 20231 CUP = 170.4 KHR
24 December 20231 CUP = 170.6 KHR
25 December 20231 CUP = 167.3 KHR
26 December 20231 CUP = 167.4 KHR
27 December 20231 CUP = 170.3 KHR
28 December 20231 CUP = 170.4 KHR
29 December 20231 CUP = 166.9 KHR

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).

22/04/2020: COVID-19 Impact

The COVID-19 pandemic caused disruptions in the Cambodian economy, leading to a decline in the value of the Riel.

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.

04/01/2001: Riel Redenomination

The Cambodian government redenominated the Riel by removing four zeros, making it easier for transactions.

20/03/1995: Dollarization

Cambodia officially adopted a dual currency system, allowing the use of both Riel and the United States Dollar.

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.

20/03/1994: Currency Stabilization

Cambodia implemented a new currency stabilization plan to control hyperinflation and stabilize the Riel.

07/01/1979: Liberation of Cambodia

Vietnamese forces liberated Cambodia from the Khmer Rouge, leading to the reestablishment of the Riel.

17/04/1975: Khmer Rouge Regime

The Khmer Rouge regime took control of Cambodia, resulting in the abolition of currency and economic collapse.

01/01/1961: Nationalization of Banks

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

11/07/1951: Introduction of the Riel

The Riel was established as the official currency of Cambodia, replacing the French Indochinese Piastre.
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