Cuban peso hong kong dollar exchange rate history (CUP HKD) January 2024

Cuban peso hong kong dollar history for January 2024. The highest quote for this month is 0.32631 (18/01/2024) and the lowest 0.327 (11/01/2024). The difference between high and low is -0.21.

CUP HKD average rate for January 2024 is 0.32596, the change between 01/01/2024 and 31/01/2024 is -0.32 %.

01 January 2024	1 CUP = 0.3251 HKD
02 January 2024	1 CUP = 0.3249 HKD
03 January 2024	1 CUP = 0.3259 HKD
04 January 2024	1 CUP = 0.3260 HKD
05 January 2024	1 CUP = 0.3258 HKD
06 January 2024	1 CUP = 0.3255 HKD
07 January 2024	1 CUP = 0.3255 HKD
08 January 2024	1 CUP = 0.3268 HKD
09 January 2024	1 CUP = 0.3258 HKD
10 January 2024	1 CUP = 0.3262 HKD
11 January 2024	1 CUP = 0.3262 HKD
12 January 2024	1 CUP = 0.3261 HKD
13 January 2024	1 CUP = 0.3259 HKD
14 January 2024	1 CUP = 0.3259 HKD
15 January 2024	1 CUP = 0.3267 HKD
16 January 2024	1 CUP = 0.3266 HKD
17 January 2024	1 CUP = 0.3260 HKD
18 January 2024	1 CUP = 0.3263 HKD
19 January 2024	1 CUP = 0.3263 HKD
20 January 2024	1 CUP = 0.3257 HKD
21 January 2024	1 CUP = 0.3257 HKD
22 January 2024	1 CUP = 0.3263 HKD
23 January 2024	1 CUP = 0.3262 HKD
24 January 2024	1 CUP = 0.3264 HKD
25 January 2024	1 CUP = 0.3262 HKD
26 January 2024	1 CUP = 0.3260 HKD
27 January 2024	1 CUP = 0.3256 HKD
28 January 2024	1 CUP = 0.3256 HKD
29 January 2024	1 CUP = 0.3256 HKD
30 January 2024	1 CUP = 0.3261 HKD
31 January 2024	1 CUP = 0.3261 HKD

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).

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.

18/05/2005: Removal of Ten Hong Kong Dollars Note

The Hong Kong Monetary Authority announced the removal of the HKD 10 paper note from circulation, encouraging the usage of electronic payment methods and reducing printing costs.

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.

01/07/1997: Hong Kong's Handover to China

Hong Kong was officially handed over to China, marking the end of British colonial rule but maintaining the Hong Kong Dollar as its currency under the 'one country, two systems' principle.

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.

17/10/1991: Linked Exchange Rate System

The Linked Exchange Rate System (LERS) was implemented, establishing a narrow trading range of HKD 7.75 to 7.85 against the U.S. Dollar, backed by stringent measures to maintain stability.

31/12/1983: Joint Declaration on the Future of Hong Kong

The Sino-British Joint Declaration was signed, affirming Hong Kong's return to China in 1997 and ensuring the continuity of the Hong Kong Dollar as its official currency.

22/05/1972: Pegging to the U.S. Dollar

As the British Pound faced pressures in the foreign exchange market, Hong Kong decided to switch the peg to the U.S. Dollar at a rate of HKD 5.65 to USD 1.

01/01/1961: Nationalization of Banks

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

12/09/1935: Pegging to the Sterling

The Hong Kong Dollar was pegged to the British Pound (Sterling) at a fixed exchange rate of HKD 16 to GBP 1, which helped stabilize the currency.

01/01/1863: Introduction of the Hong Kong Dollar

The Hong Kong Dollar was first introduced as an official currency by the British colonial government to facilitate trade and commerce in Hong Kong.

Historic Cuban peso Hong Kong dollar