Historic Cuban peso Czech koruna

Cuban peso czech koruna history for January 2024. The highest quote for this month is 0.9592 (30/01/2024) and the lowest 0.9531 (31/01/2024). The difference between high and low is 0.64.

CUP CZK average rate for January 2024 is 0.94321, the change between 01/01/2024 and 31/01/2024 is -2.44 %.

01 January 20241 CUP = 0.9298 CZK
02 January 20241 CUP = 0.9296 CZK
03 January 20241 CUP = 0.9390 CZK
04 January 20241 CUP = 0.9416 CZK
05 January 20241 CUP = 0.9394 CZK
06 January 20241 CUP = 0.9375 CZK
07 January 20241 CUP = 0.9375 CZK
08 January 20241 CUP = 0.9378 CZK
09 January 20241 CUP = 0.9339 CZK
10 January 20241 CUP = 0.9376 CZK
11 January 20241 CUP = 0.9331 CZK
12 January 20241 CUP = 0.9366 CZK
14 January 20241 CUP = 0.9363 CZK
15 January 20241 CUP = 0.9403 CZK
16 January 20241 CUP = 0.9411 CZK
17 January 20241 CUP = 0.9457 CZK
18 January 20241 CUP = 0.9474 CZK
19 January 20241 CUP = 0.9495 CZK
21 January 20241 CUP = 0.9465 CZK
22 January 20241 CUP = 0.9495 CZK
23 January 20241 CUP = 0.9498 CZK
24 January 20241 CUP = 0.9556 CZK
25 January 20241 CUP = 0.9508 CZK
26 January 20241 CUP = 0.9506 CZK
27 January 20241 CUP = 0.9484 CZK
28 January 20241 CUP = 0.9493 CZK
29 January 20241 CUP = 0.9507 CZK
30 January 20241 CUP = 0.9556 CZK
31 January 20241 CUP = 0.9525 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.