Historic Cuban peso Israeli Sheqel

Cuban peso israeli sheqel history for August 2023. The highest quote for this month is 0.15913 (29/08/2023) and the lowest 0.15852 (21/08/2023). The difference between high and low is 0.38.

CUP ILS average rate for August 2023 is 0.15599, the change between 01/08/2023 and 31/08/2023 is -3.19 %.

01 August 20231 CUP = 0.1527 ILS
02 August 20231 CUP = 0.1516 ILS
03 August 20231 CUP = 0.1529 ILS
04 August 20231 CUP = 0.1539 ILS
07 August 20231 CUP = 0.1533 ILS
08 August 20231 CUP = 0.1538 ILS
09 August 20231 CUP = 0.1553 ILS
10 August 20231 CUP = 0.1538 ILS
11 August 20231 CUP = 0.1546 ILS
12 August 20231 CUP = 0.1553 ILS
14 August 20231 CUP = 0.1549 ILS
15 August 20231 CUP = 0.1561 ILS
16 August 20231 CUP = 0.1559 ILS
17 August 20231 CUP = 0.1564 ILS
18 August 20231 CUP = 0.1579 ILS
20 August 20231 CUP = 0.1580 ILS
21 August 20231 CUP = 0.1587 ILS
22 August 20231 CUP = 0.1584 ILS
23 August 20231 CUP = 0.1581 ILS
24 August 20231 CUP = 0.1569 ILS
25 August 20231 CUP = 0.1584 ILS
28 August 20231 CUP = 0.1585 ILS
29 August 20231 CUP = 0.1586 ILS
30 August 20231 CUP = 0.1585 ILS
31 August 20231 CUP = 0.1576 ILS

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).

29/12/2014: 1 US Dollar = 3.891 Israeli Sheqel

The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.

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.

04/05/2008: Introduction of New Banknotes

New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.

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.

01/09/1999: Introduction of Sheqel Coins

Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of the 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.

24/02/1985: Hyperinflation Crisis

Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).

01/01/1961: Nationalization of Banks

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

16/03/1960: Introduction of the New Sheqel

The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the official currency.

24/02/1949: Introduction of the Israel Pound

The Israeli pound (ILP) was introduced as legal tender in Israel.

24/09/1948: Israeli Declaration of Independence

The Israeli pound (ILP) was introduced as the official currency of Israel.