Cuban peso cayman islands dollar exchange rate history (CUP KYD) October 2023

Cuban peso cayman islands dollar history for October 2023. The highest quote for this month is 0.034167 (01/10/2023) and the lowest 0.034167 (01/10/2023). The difference between high and low is 0.

CUP KYD average rate for October 2023 is 0.03402, the change between 01/10/2023 and 31/10/2023 is +0.56 %.

01 October 2023	1 CUP = 0.0342 KYD
02 October 2023	1 CUP = 0.0340 KYD
03 October 2023	1 CUP = 0.0340 KYD
04 October 2023	1 CUP = 0.0340 KYD
05 October 2023	1 CUP = 0.0340 KYD
06 October 2023	1 CUP = 0.0340 KYD
07 October 2023	1 CUP = 0.0342 KYD
08 October 2023	1 CUP = 0.0342 KYD
09 October 2023	1 CUP = 0.0340 KYD
10 October 2023	1 CUP = 0.0340 KYD
11 October 2023	1 CUP = 0.0340 KYD
12 October 2023	1 CUP = 0.0340 KYD
13 October 2023	1 CUP = 0.0340 KYD
16 October 2023	1 CUP = 0.0340 KYD
17 October 2023	1 CUP = 0.0340 KYD
18 October 2023	1 CUP = 0.0340 KYD
19 October 2023	1 CUP = 0.0340 KYD
20 October 2023	1 CUP = 0.0340 KYD
21 October 2023	1 CUP = 0.0342 KYD
22 October 2023	1 CUP = 0.0342 KYD
23 October 2023	1 CUP = 0.0340 KYD
24 October 2023	1 CUP = 0.0340 KYD
25 October 2023	1 CUP = 0.0340 KYD
26 October 2023	1 CUP = 0.0340 KYD
27 October 2023	1 CUP = 0.0340 KYD
28 October 2023	1 CUP = 0.0342 KYD
29 October 2023	1 CUP = 0.0342 KYD
30 October 2023	1 CUP = 0.0340 KYD
31 October 2023	1 CUP = 0.0340 KYD

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Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.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

Historic Cuban peso Cayman Islands dollar