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).
17/03/2020: COVID-19 Impact on the Dinar
The COVID-19 pandemic and its economic consequences significantly impacted the value and stability of the Jordanian dinar.
10/11/2019: Announcement of Digitizing the Dinar
The Central Bank of Jordan announced its plan to digitize the Jordanian dinar to enhance efficiency and reduce costs.
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.
15/12/2013: Launch of the New 50 Dinar Note
A new 50 dinar banknote featuring King Abdullah II was released, replacing the old design.
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.
01/01/2001: Introduction of New Dinar Notes
New banknotes of the Jordanian dinar were introduced with enhanced security features.
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.
01/07/1989: Devaluation of the Dinar
The Jordanian dinar was devalued by 50% to stimulate exports and economic growth.
01/03/1965: Replacement of Filas
The filas, a fractional unit of the dinar, were replaced by smaller denomination coins.
01/01/1961: Nationalization of Banks
The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.
01/04/1950: Introduction of the Jordanian Dinar
The Jordanian dinar was introduced as the official currency of Jordan, replacing the Palestine pound.