Historic Cuban peso Macedonian Denar

Cuban peso macedonian denar history for January 2024. The highest quote for this month is 2.3585 (31/01/2024) and the lowest 2.355 (28/01/2024). The difference between high and low is 0.15.

CUP MKD average rate for January 2024 is 2.33241, the change between 01/01/2024 and 31/01/2024 is -2.16 %.

01 January 20241 CUP = 2.303 MKD
02 January 20241 CUP = 2.302 MKD
03 January 20241 CUP = 2.327 MKD
04 January 20241 CUP = 2.338 MKD
05 January 20241 CUP = 2.327 MKD
06 January 20241 CUP = 2.331 MKD
07 January 20241 CUP = 2.331 MKD
08 January 20241 CUP = 2.313 MKD
09 January 20241 CUP = 2.328 MKD
10 January 20241 CUP = 2.331 MKD
11 January 20241 CUP = 2.322 MKD
12 January 20241 CUP = 2.320 MKD
14 January 20241 CUP = 2.328 MKD
15 January 20241 CUP = 2.327 MKD
16 January 20241 CUP = 2.329 MKD
17 January 20241 CUP = 2.339 MKD
18 January 20241 CUP = 2.345 MKD
19 January 20241 CUP = 2.342 MKD
22 January 20241 CUP = 2.319 MKD
23 January 20241 CUP = 2.342 MKD
24 January 20241 CUP = 2.352 MKD
25 January 20241 CUP = 2.341 MKD
26 January 20241 CUP = 2.348 MKD
28 January 20241 CUP = 2.355 MKD
29 January 20241 CUP = 2.325 MKD
30 January 20241 CUP = 2.356 MKD
31 January 20241 CUP = 2.353 MKD

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).

01/07/2020: Euro as legal tender

North Macedonia officially adopted the Euro as its currency, replacing the Macedonian Denar for all monetary transactions.

15/05/2018: Denar's symbol adoption

The official symbol for the Macedonian Denar (den) was adopted, representing the currency in both domestic and international transactions.

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.

10/10/2005: Denar's full Euro peg

The Macedonian Denar was fully pegged to the Euro at a fixed exchange rate of 61.5 Denars to 1 Euro.

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.

29/04/2003: Replacement of banknotes

New series of banknotes with enhanced security features were introduced, replacing the older versions.

05/11/2001: Denar's devaluation

Due to the political crisis in Macedonia, the Denar underwent a significant devaluation, losing around 40% of its value against the Euro.

15/05/1995: Denar's peg to the German Mark

The Macedonian Denar was pegged to the German Mark at a rate of 1 Denar to 1.5 Deutsche Mark, establishing a stable exchange rate.

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.

26/11/1992: Introduction of the Macedonian Denar

The Macedonian Denar was introduced as the official currency of the Republic of Macedonia following its declaration of independence from Yugoslavia.

01/01/1961: Nationalization of Banks

The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.
CUP MKD January 2024
CUP MKD February 2024
CUP MKD March 2024
CUP MKD April 2024
CUP MKD May 2024
CUP MKD June 2024
CUP MKD July 2024
CUP MKD August 2024
CUP MKD September 2024
CUP MKD October 2024
CUP MKD November 2024
CUP MKD December 2024
CUP MKD January 2025