Historic Cuban peso Egyptian Pound

Cuban peso egyptian pound history for January 2024. The highest quote for this month is 1.2952 (02/01/2024) and the lowest 1.2901 (09/01/2024). The difference between high and low is 0.39.

CUP EGP average rate for January 2024 is 1.28698, the change between 01/01/2024 and 31/01/2024 is -0.26 %.

01 January 20241 CUP = 1.286 EGP
02 January 20241 CUP = 1.290 EGP
03 January 20241 CUP = 1.288 EGP
04 January 20241 CUP = 1.290 EGP
05 January 20241 CUP = 1.283 EGP
06 January 20241 CUP = 1.281 EGP
07 January 20241 CUP = 1.281 EGP
08 January 20241 CUP = 1.280 EGP
09 January 20241 CUP = 1.289 EGP
10 January 20241 CUP = 1.288 EGP
11 January 20241 CUP = 1.288 EGP
12 January 20241 CUP = 1.288 EGP
14 January 20241 CUP = 1.285 EGP
15 January 20241 CUP = 1.291 EGP
16 January 20241 CUP = 1.291 EGP
17 January 20241 CUP = 1.286 EGP
18 January 20241 CUP = 1.288 EGP
19 January 20241 CUP = 1.287 EGP
22 January 20241 CUP = 1.284 EGP
23 January 20241 CUP = 1.288 EGP
24 January 20241 CUP = 1.289 EGP
25 January 20241 CUP = 1.288 EGP
26 January 20241 CUP = 1.287 EGP
28 January 20241 CUP = 1.288 EGP
29 January 20241 CUP = 1.286 EGP
30 January 20241 CUP = 1.289 EGP
31 January 20241 CUP = 1.290 EGP

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).

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

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.

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on market forces.

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.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

01/01/1961: Nationalization of Banks

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

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.
CUP EGP July 2023
CUP EGP August 2023
CUP EGP September 2023
CUP EGP October 2023
CUP EGP November 2023
CUP EGP December 2023
CUP EGP January 2024
CUP EGP February 2024
CUP EGP March 2024
CUP EGP April 2024
CUP EGP May 2024
CUP EGP June 2024
CUP EGP July 2024