Historic Cuban peso Czech koruna

Cuban peso czech koruna history for December 2023. The highest quote for this month is 0.9485 (12/12/2023) and the lowest 0.943 (09/12/2023). The difference between high and low is 0.58.

CUP CZK average rate for December 2023 is 0.93321, the change between 01/12/2023 and 31/12/2023 is -0.03 %.

01 December 20231 CUP = 0.9302 CZK
02 December 20231 CUP = 0.9281 CZK
03 December 20231 CUP = 0.9278 CZK
04 December 20231 CUP = 0.9293 CZK
05 December 20231 CUP = 0.9385 CZK
06 December 20231 CUP = 0.9403 CZK
07 December 20231 CUP = 0.9394 CZK
08 December 20231 CUP = 0.9372 CZK
09 December 20231 CUP = 0.9430 CZK
10 December 20231 CUP = 0.9400 CZK
11 December 20231 CUP = 0.9405 CZK
12 December 20231 CUP = 0.9438 CZK
13 December 20231 CUP = 0.9455 CZK
14 December 20231 CUP = 0.9355 CZK
15 December 20231 CUP = 0.9254 CZK
16 December 20231 CUP = 0.9347 CZK
17 December 20231 CUP = 0.9346 CZK
18 December 20231 CUP = 0.9317 CZK
19 December 20231 CUP = 0.9353 CZK
20 December 20231 CUP = 0.9316 CZK
21 December 20231 CUP = 0.9327 CZK
22 December 20231 CUP = 0.9310 CZK
23 December 20231 CUP = 0.9287 CZK
24 December 20231 CUP = 0.9292 CZK
25 December 20231 CUP = 0.9290 CZK
26 December 20231 CUP = 0.9269 CZK
27 December 20231 CUP = 0.9242 CZK
28 December 20231 CUP = 0.9264 CZK
29 December 20231 CUP = 0.9253 CZK
31 December 20231 CUP = 0.9305 CZK

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).

05/04/2016: End of currency intervention

The Czech National Bank ended its currency intervention policy, allowing the koruna to float freely and be determined by market forces.

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.

06/11/2013: Currency intervention

The Czech National Bank implemented a currency intervention policy to weaken the koruna and stimulate the country's economy.

25/10/2011: Currency Unification Announced

The Cuban government announced plans to eliminate the dual currency system and unify the CUP and CUC.

09/10/2008: Global financial crisis impact

The koruna experienced significant depreciation during the global financial crisis, reflecting the economic challenges faced by the Czech Republic.

30/04/2007: EU membership benefits

The Czech Republic became a member of the European Union's economic and monetary union, allowing for greater stability and cooperation for the koruna.

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.

30/04/2004: EU Accession

The Czech Republic joined the European Union, paving the way for further integration of the koruna with European monetary policies.

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.

30/06/1993: Currency conversion

The Czech Republic adopted a new currency regime, shifting from a fixed exchange rate to a floating exchange rate for the koruna.

07/02/1993: Establishment of Czech koruna

The Czech koruna was introduced as the official currency of the Czech Republic following the dissolution of Czechoslovakia.

01/01/1961: Nationalization of Banks

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