Cuban peso maldivian rufiyaa exchange rate history (CUP MVR) December 2023

Cuban peso maldivian rufiyaa history for December 2023. The highest quote for this month is 0.6425 (02/12/2023) and the lowest 0.64407 (14/12/2023). The difference between high and low is -0.24.

CUP MVR average rate for December 2023 is 0.63668, the change between 01/12/2023 and 31/12/2023 is +0.3 %.

01 December 2023	1 CUP = 0.6340 MVR
02 December 2023	1 CUP = 0.6425 MVR
03 December 2023	1 CUP = 0.6425 MVR
04 December 2023	1 CUP = 0.6349 MVR
05 December 2023	1 CUP = 0.6350 MVR
06 December 2023	1 CUP = 0.6345 MVR
07 December 2023	1 CUP = 0.6332 MVR
08 December 2023	1 CUP = 0.6340 MVR
10 December 2023	1 CUP = 0.6425 MVR
11 December 2023	1 CUP = 0.6330 MVR
12 December 2023	1 CUP = 0.6348 MVR
13 December 2023	1 CUP = 0.6353 MVR
14 December 2023	1 CUP = 0.6373 MVR
15 December 2023	1 CUP = 0.6364 MVR
16 December 2023	1 CUP = 0.6425 MVR
17 December 2023	1 CUP = 0.6425 MVR
18 December 2023	1 CUP = 0.6327 MVR
19 December 2023	1 CUP = 0.6362 MVR
20 December 2023	1 CUP = 0.6367 MVR
21 December 2023	1 CUP = 0.6361 MVR
22 December 2023	1 CUP = 0.6363 MVR
23 December 2023	1 CUP = 0.6425 MVR
24 December 2023	1 CUP = 0.6425 MVR
25 December 2023	1 CUP = 0.6334 MVR
26 December 2023	1 CUP = 0.6334 MVR
27 December 2023	1 CUP = 0.6350 MVR
28 December 2023	1 CUP = 0.6353 MVR
29 December 2023	1 CUP = 0.6321 MVR

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).

15/01/2019: Introduction of New Banknotes

New series of banknotes with enhanced security features and improved designs were introduced by the Maldives Monetary Authority.

01/09/2014: Introduction of Polymer Banknotes

Polymer banknotes were introduced in the Maldives, replacing the traditional paper banknotes, enhancing their durability and security features.

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.

01/07/2011: Redenomination of the Rufiyaa

The Maldivian Rufiyaa underwent redenomination, with new banknotes and coins introduced to simplify transactions and reduce the number of zeros.

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.

01/01/2002: Decimalization of the Rufiyaa

The Maldivian Rufiyaa was decimalized, with 100 laari equaling 1 Rufiyaa, replacing the previous system of 1 Rufiyaa equalling 100 lari.

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.

01/09/1983: Introduction of the Maldivian Rufiyaa

The Maldivian Rufiyaa was introduced as the new currency, replacing the Maldivian Rupee at a 1:1 exchange rate.

01/09/1981: Establishment of the Maldives Monetary Authority

The Maldives Monetary Authority (MMA) was established as the central bank of the Maldives, responsible for issuing and managing the currency.

01/01/1961: Nationalization of Banks

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

22/10/1947: Introduction of the Maldivian Rupee

The Maldivian Indian Rupee was adopted as the official currency of the Maldives, replacing the Ceylonese Rupee.

Historic Cuban peso Maldivian rufiyaa