Historic Cuban peso Czech koruna

Cuban peso czech koruna history for October 2023. The highest quote for this month is 0.9798 (04/10/2023) and the lowest 0.9737 (16/10/2023). The difference between high and low is 0.62.

CUP CZK average rate for October 2023 is 0.96906, the change between 01/10/2023 and 31/10/2023 is -0.46 %.

01 October 20231 CUP = 0.9601 CZK
02 October 20231 CUP = 0.9595 CZK
03 October 20231 CUP = 0.9710 CZK
04 October 20231 CUP = 0.9757 CZK
05 October 20231 CUP = 0.9685 CZK
06 October 20231 CUP = 0.9683 CZK
07 October 20231 CUP = 0.9615 CZK
09 October 20231 CUP = 0.9701 CZK
10 October 20231 CUP = 0.9638 CZK
11 October 20231 CUP = 0.9631 CZK
12 October 20231 CUP = 0.9624 CZK
13 October 20231 CUP = 0.9754 CZK
16 October 20231 CUP = 0.9778 CZK
17 October 20231 CUP = 0.9734 CZK
18 October 20231 CUP = 0.9732 CZK
19 October 20231 CUP = 0.9762 CZK
20 October 20231 CUP = 0.9710 CZK
21 October 20231 CUP = 0.9663 CZK
22 October 20231 CUP = 0.9681 CZK
23 October 20231 CUP = 0.9707 CZK
24 October 20231 CUP = 0.9618 CZK
25 October 20231 CUP = 0.9678 CZK
26 October 20231 CUP = 0.9740 CZK
27 October 20231 CUP = 0.9724 CZK
28 October 20231 CUP = 0.9706 CZK
29 October 20231 CUP = 0.9720 CZK
30 October 20231 CUP = 0.9746 CZK
31 October 20231 CUP = 0.9645 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.