Historic Cuban peso Iraqi dinar

Cuban peso iraqi dinar history for January 2024. The highest quote for this month is 54.591 (08/01/2024) and the lowest 54.542 (07/01/2024). The difference between high and low is 0.09.

CUP IQD average rate for January 2024 is 54.17074, the change between 01/01/2024 and 31/01/2024 is -2.05 %.

01 January 20241 CUP = 53.47 IQD
02 January 20241 CUP = 53.47 IQD
03 January 20241 CUP = 54.55 IQD
04 January 20241 CUP = 54.61 IQD
05 January 20241 CUP = 54.57 IQD
06 January 20241 CUP = 54.54 IQD
07 January 20241 CUP = 54.54 IQD
08 January 20241 CUP = 53.50 IQD
09 January 20241 CUP = 54.59 IQD
10 January 20241 CUP = 53.50 IQD
11 January 20241 CUP = 54.57 IQD
12 January 20241 CUP = 53.51 IQD
14 January 20241 CUP = 54.54 IQD
15 January 20241 CUP = 53.51 IQD
16 January 20241 CUP = 53.50 IQD
17 January 20241 CUP = 53.50 IQD
18 January 20241 CUP = 54.61 IQD
19 January 20241 CUP = 54.56 IQD
22 January 20241 CUP = 53.50 IQD
23 January 20241 CUP = 54.58 IQD
24 January 20241 CUP = 54.59 IQD
25 January 20241 CUP = 54.58 IQD
26 January 20241 CUP = 54.54 IQD
28 January 20241 CUP = 54.54 IQD
29 January 20241 CUP = 53.50 IQD
30 January 20241 CUP = 54.59 IQD
31 January 20241 CUP = 54.57 IQD

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).

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

01/01/1961: Nationalization of Banks

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

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.
CUP IQD January 2024
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CUP IQD January 2025