Cuban peso egyptian pound exchange rate history (CUP EGP) September 2023

Cuban peso egyptian pound history for September 2023. The highest quote for this month is 1.2908 (25/09/2023) and the lowest 1.2902 (29/09/2023). The difference between high and low is 0.05.

CUP EGP average rate for September 2023 is 1.28781, the change between 01/09/2023 and 30/09/2023 is +0.16 %.

01 September 2023	1 CUP = 1.287 EGP
04 September 2023	1 CUP = 1.282 EGP
05 September 2023	1 CUP = 1.288 EGP
06 September 2023	1 CUP = 1.287 EGP
07 September 2023	1 CUP = 1.289 EGP
08 September 2023	1 CUP = 1.288 EGP
11 September 2023	1 CUP = 1.287 EGP
12 September 2023	1 CUP = 1.291 EGP
13 September 2023	1 CUP = 1.288 EGP
14 September 2023	1 CUP = 1.287 EGP
15 September 2023	1 CUP = 1.290 EGP
18 September 2023	1 CUP = 1.291 EGP
19 September 2023	1 CUP = 1.288 EGP
20 September 2023	1 CUP = 1.288 EGP
21 September 2023	1 CUP = 1.287 EGP
22 September 2023	1 CUP = 1.287 EGP
23 September 2023	1 CUP = 1.285 EGP
24 September 2023	1 CUP = 1.288 EGP
25 September 2023	1 CUP = 1.291 EGP
26 September 2023	1 CUP = 1.290 EGP
27 September 2023	1 CUP = 1.289 EGP
28 September 2023	1 CUP = 1.286 EGP
29 September 2023	1 CUP = 1.288 EGP
30 September 2023	1 CUP = 1.285 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.

Historic Cuban peso Egyptian Pound