Historic Cuban peso Comorian Franc

Cuban peso comorian franc history for January 2024. The highest quote for this month is 18.98 (30/01/2024) and the lowest 18.964 (31/01/2024). The difference between high and low is 0.08.

CUP KMF average rate for January 2024 is 18.78074, the change between 01/01/2024 and 31/01/2024 is -2.6 %.

01 January 20241 CUP = 18.45 KMF
02 January 20241 CUP = 18.50 KMF
03 January 20241 CUP = 18.55 KMF
04 January 20241 CUP = 18.79 KMF
05 January 20241 CUP = 18.75 KMF
06 January 20241 CUP = 18.82 KMF
07 January 20241 CUP = 18.82 KMF
08 January 20241 CUP = 18.81 KMF
09 January 20241 CUP = 18.76 KMF
10 January 20241 CUP = 18.76 KMF
11 January 20241 CUP = 18.71 KMF
12 January 20241 CUP = 18.71 KMF
14 January 20241 CUP = 18.71 KMF
15 January 20241 CUP = 18.73 KMF
16 January 20241 CUP = 18.72 KMF
17 January 20241 CUP = 18.71 KMF
18 January 20241 CUP = 18.88 KMF
19 January 20241 CUP = 18.88 KMF
22 January 20241 CUP = 18.89 KMF
23 January 20241 CUP = 18.84 KMF
24 January 20241 CUP = 18.84 KMF
25 January 20241 CUP = 18.84 KMF
26 January 20241 CUP = 18.92 KMF
28 January 20241 CUP = 18.88 KMF
29 January 20241 CUP = 18.91 KMF
30 January 20241 CUP = 18.99 KMF
31 January 20241 CUP = 18.93 KMF

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.