Cuban peso kuwaiti dinar exchange rate history (CUP KWD) January 2024

Cuban peso kuwaiti dinar history for January 2024. The highest quote for this month is 0.012841 (18/01/2024) and the lowest 0.01284 (08/01/2024). The difference between high and low is 0.01.

CUP KWD average rate for January 2024 is 0.01281, the change between 01/01/2024 and 31/01/2024 is -0.34 %.

01 January 2024	1 CUP = 0.0128 KWD
02 January 2024	1 CUP = 0.0128 KWD
03 January 2024	1 CUP = 0.0128 KWD
04 January 2024	1 CUP = 0.0128 KWD
05 January 2024	1 CUP = 0.0128 KWD
06 January 2024	1 CUP = 0.0128 KWD
07 January 2024	1 CUP = 0.0128 KWD
08 January 2024	1 CUP = 0.0128 KWD
09 January 2024	1 CUP = 0.0128 KWD
10 January 2024	1 CUP = 0.0128 KWD
11 January 2024	1 CUP = 0.0128 KWD
12 January 2024	1 CUP = 0.0128 KWD
14 January 2024	1 CUP = 0.0128 KWD
15 January 2024	1 CUP = 0.0128 KWD
16 January 2024	1 CUP = 0.0128 KWD
17 January 2024	1 CUP = 0.0128 KWD
18 January 2024	1 CUP = 0.0128 KWD
19 January 2024	1 CUP = 0.0128 KWD
22 January 2024	1 CUP = 0.0128 KWD
23 January 2024	1 CUP = 0.0128 KWD
24 January 2024	1 CUP = 0.0128 KWD
25 January 2024	1 CUP = 0.0128 KWD
26 January 2024	1 CUP = 0.0128 KWD
28 January 2024	1 CUP = 0.0128 KWD
29 January 2024	1 CUP = 0.0128 KWD
30 January 2024	1 CUP = 0.0128 KWD
31 January 2024	1 CUP = 0.0128 KWD

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.

20/05/2007: Kuwaiti Dinar Redenominated

The Kuwaiti Dinar underwent a redenomination, with the introduction of new banknotes and removal of three zeros from the currency.

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.

20/03/2003: US Invasion of Iraq

The United States and its allies invaded Iraq, leading to a period of uncertainty and affecting the value of the Kuwaiti 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.

25/03/1991: Kuwait Liberated

Coalition forces led by the United States liberated Kuwait from Iraqi occupation, restoring stability to the country and its currency.

02/08/1990: Iraqi Invasion of Kuwait

Iraqi forces invaded Kuwait, leading to the Gulf War and causing a significant decline in the value of the Kuwaiti Dinar.

16/09/1980: Iraq-Iran War Begins

The Iraq-Iran War started, leading to economic instability in the region and affecting the value of the Kuwaiti Dinar.

20/10/1975: Kuwait Dinar Pegged to Special Drawing Rights (SDR)

Kuwait pegged its currency to a basket of international currencies known as Special Drawing Rights (SDR) instead of the US Dollar.

02/01/1961: Kuwaiti Dinar Introduced

The Kuwaiti Dinar (KWD) was officially introduced as the currency of Kuwait, replacing the Gulf Rupee.

01/01/1961: Nationalization of Banks

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

Historic Cuban peso Kuwaiti Dinar