Historic Cuban peso Guinean franc

Cuban peso guinean franc history for January 2024. The highest quote for this month is 356.88 (06/01/2024) and the lowest 355.28 (01/01/2024). The difference between high and low is 0.45.

CUP GNF average rate for January 2024 is 355.34481, the change between 01/01/2024 and 31/01/2024 is -0.11 %.

01 January 20241 CUP = 355.3 GNF
02 January 20241 CUP = 355.3 GNF
03 January 20241 CUP = 354.9 GNF
04 January 20241 CUP = 355.3 GNF
05 January 20241 CUP = 355.5 GNF
06 January 20241 CUP = 354.1 GNF
07 January 20241 CUP = 354.6 GNF
08 January 20241 CUP = 355.1 GNF
09 January 20241 CUP = 355.6 GNF
10 January 20241 CUP = 355.2 GNF
11 January 20241 CUP = 355.4 GNF
12 January 20241 CUP = 355.4 GNF
14 January 20241 CUP = 354.3 GNF
15 January 20241 CUP = 355.1 GNF
16 January 20241 CUP = 355.1 GNF
17 January 20241 CUP = 355.0 GNF
18 January 20241 CUP = 355.6 GNF
19 January 20241 CUP = 355.8 GNF
22 January 20241 CUP = 355.1 GNF
23 January 20241 CUP = 357.0 GNF
24 January 20241 CUP = 357.7 GNF
25 January 20241 CUP = 356.7 GNF
26 January 20241 CUP = 355.5 GNF
28 January 20241 CUP = 354.1 GNF
29 January 20241 CUP = 355.1 GNF
30 January 20241 CUP = 355.0 GNF
31 January 20241 CUP = 355.7 GNF

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).

30/06/2015: Demonetization of old Guinean franc banknotes

The old series of Guinean franc banknotes, denominated in 'Syli,' ceased to be legal tender, and only the new franc banknotes remained in circulation.

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.

26/09/2012: Introduction of new Guinean franc coins

New coins denominated in the Guinean franc were introduced, replacing the previously used Guinean syli coins.

25/10/2011: Currency Unification Announced

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

30/06/2010: Revaluation of the Guinean franc

The Guinean franc underwent a revaluation, with 1 new franc being equivalent to 10,000 old francs.

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.

30/06/1997: Introduction of new Guinean franc

A new series of Guinean franc banknotes, denominated in 'Syli,' was introduced as a replacement for the previous currency.

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.

30/11/1985: Devaluation of the Guinean franc

The Guinean franc was devalued by 50%, leading to an economic crisis and high inflation.

31/05/1971: Redenomination of the Guinean franc

The Guinean franc underwent a redenomination, with 1 new franc being equivalent to 10 old francs.

01/01/1961: Nationalization of Banks

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

01/10/1959: Introduction of Guinean franc

The Guinean franc was introduced as the official currency of Guinea following its independence from France.
CUP GNF January 2024
CUP GNF February 2024
CUP GNF March 2024
CUP GNF April 2024
CUP GNF May 2024
CUP GNF June 2024
CUP GNF July 2024
CUP GNF August 2024
CUP GNF September 2024
CUP GNF October 2024
CUP GNF November 2024
CUP GNF December 2024
CUP GNF January 2025