Historic Cuban peso Hungarian forint

Cuban peso hungarian forint history for February 2024. The highest quote for this month is 15.164 (29/02/2024) and the lowest 15.092 (29/02/2024). The difference between high and low is 0.47.

CUP HUF average rate for February 2024 is 14.96332, the change between 01/02/2024 and 29/02/2024 is -2.25 %.

01 February 20241 CUP = 14.83 HUF
02 February 20241 CUP = 14.69 HUF
03 February 20241 CUP = 14.82 HUF
04 February 20241 CUP = 14.82 HUF
05 February 20241 CUP = 14.70 HUF
06 February 20241 CUP = 14.99 HUF
07 February 20241 CUP = 14.97 HUF
08 February 20241 CUP = 15.02 HUF
09 February 20241 CUP = 15.03 HUF
11 February 20241 CUP = 14.96 HUF
12 February 20241 CUP = 14.96 HUF
13 February 20241 CUP = 14.98 HUF
14 February 20241 CUP = 15.08 HUF
15 February 20241 CUP = 15.10 HUF
16 February 20241 CUP = 15.07 HUF
17 February 20241 CUP = 15.03 HUF
18 February 20241 CUP = 15.02 HUF
19 February 20241 CUP = 15.02 HUF
20 February 20241 CUP = 15.04 HUF
21 February 20241 CUP = 14.94 HUF
22 February 20241 CUP = 14.92 HUF
23 February 20241 CUP = 14.91 HUF
24 February 20241 CUP = 14.96 HUF
25 February 20241 CUP = 14.95 HUF
26 February 20241 CUP = 14.99 HUF
27 February 20241 CUP = 14.97 HUF
28 February 20241 CUP = 15.04 HUF
29 February 20241 CUP = 15.17 HUF

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.

09/03/2012: Introduction of New Banknotes

Hungary introduced new banknotes with enhanced security features, aiming to combat counterfeiting and improve the forint's credibility.

25/10/2011: Currency Unification Announced

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

23/10/2008: Global Financial Crisis

The global financial crisis had a significant impact on the Hungarian forint, resulting in a significant depreciation against major foreign currencies.

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.

01/05/2004: Accession to the European Union

Hungary joined the European Union, bringing the forint closer to the eurozone and influencing its future trajectory as an EU currency.

28/02/2001: Currency Exchange Rate Stability

The Hungarian government adopted a policy of maintaining a stable exchange rate for the forint against the euro, contributing to the currency's stability.

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.

16/06/1989: Transition to a Market Economy

Hungary implemented economic reforms, including the transition from a planned economy to a market economy, with significant impacts on the forint's value and exchange rate.

01/01/1961: Nationalization of Banks

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

20/08/1949: Forint becomes a planned economy currency

Hungary's currency, including the forint, became part of the planned socialist economy under the control of the Hungarian Workers' Party.

03/08/1946: Introduction of the Forint

The forint was introduced as the official currency of Hungary, replacing the previous pengő, which had been severely devalued during World War II.
CUP HUF July 2023
CUP HUF August 2023
CUP HUF September 2023
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CUP HUF January 2024
CUP HUF February 2024
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