Historic Cuban peso Liberian dollar

Cuban peso liberian dollar history for December 2023. The highest quote for this month is 7.8176 (27/12/2023) and the lowest 7.8822 (14/12/2023). The difference between high and low is -0.83.

CUP LRD average rate for December 2023 is 7.80187, the change between 01/12/2023 and 31/12/2023 is +0.29 %.

01 December 20231 CUP = 7.80 LRD
02 December 20231 CUP = 7.80 LRD
04 December 20231 CUP = 7.80 LRD
05 December 20231 CUP = 7.80 LRD
06 December 20231 CUP = 7.80 LRD
07 December 20231 CUP = 7.79 LRD
08 December 20231 CUP = 7.80 LRD
11 December 20231 CUP = 7.79 LRD
12 December 20231 CUP = 7.80 LRD
13 December 20231 CUP = 7.80 LRD
14 December 20231 CUP = 7.80 LRD
15 December 20231 CUP = 7.81 LRD
16 December 20231 CUP = 7.81 LRD
17 December 20231 CUP = 7.81 LRD
18 December 20231 CUP = 7.77 LRD
19 December 20231 CUP = 7.81 LRD
20 December 20231 CUP = 7.82 LRD
21 December 20231 CUP = 7.81 LRD
22 December 20231 CUP = 7.81 LRD
23 December 20231 CUP = 7.81 LRD
24 December 20231 CUP = 7.81 LRD
25 December 20231 CUP = 7.80 LRD
26 December 20231 CUP = 7.80 LRD
27 December 20231 CUP = 7.80 LRD
28 December 20231 CUP = 7.82 LRD
29 December 20231 CUP = 7.78 LRD

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).

29/06/2020: Introduction of New Banknotes

Liberia introduces new banknotes with enhanced security features to combat counterfeiting and improve confidence in the currency.

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.

14/10/2000: ECOWAS Intervention

ECOWAS forces intervene in Liberia, leading to improved stability and gradual recovery of the Liberian dollar.

19/07/1997: Liberian Dollar Depreciation

The Liberian dollar experiences a significant depreciation due to economic mismanagement and the aftermath of the civil war.

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.

26/01/1982: Liberian Civil War Begins

The Liberian civil war begins, leading to significant economic instability and devaluation of the Liberian dollar.

01/01/1961: Nationalization of Banks

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

23/03/1907: Liberian Dollar Pegged to US Dollar

The Liberian dollar is pegged to the U.S. dollar at a ratio of 2:1, maintaining a fixed exchange rate for many years.

10/07/1849: Introduction of Liberian Dollar

The Liberian dollar is introduced as the official currency of Liberia, replacing the use of foreign currencies in the country.

26/07/1847: Liberian Independence

Liberia declares independence from the American Colonization Society, establishing the first republic in Africa.