Historic Cuban peso Maldivian rufiyaa

Cuban peso maldivian rufiyaa history for February 2024. The highest quote for this month is 0.6425 (03/02/2024) and the lowest 0.6425 (04/02/2024). The difference between high and low is 0.

CUP MVR average rate for February 2024 is 0.63633, the change between 01/02/2024 and 29/02/2024 is +0.29 %.

01 February 20241 CUP = 0.6377 MVR
02 February 20241 CUP = 0.6364 MVR
03 February 20241 CUP = 0.6425 MVR
04 February 20241 CUP = 0.6425 MVR
05 February 20241 CUP = 0.6304 MVR
06 February 20241 CUP = 0.6354 MVR
07 February 20241 CUP = 0.6349 MVR
08 February 20241 CUP = 0.6361 MVR
09 February 20241 CUP = 0.6337 MVR
12 February 20241 CUP = 0.6326 MVR
13 February 20241 CUP = 0.6321 MVR
14 February 20241 CUP = 0.6320 MVR
15 February 20241 CUP = 0.6341 MVR
16 February 20241 CUP = 0.6364 MVR
17 February 20241 CUP = 0.6425 MVR
18 February 20241 CUP = 0.6425 MVR
19 February 20241 CUP = 0.6361 MVR
20 February 20241 CUP = 0.6363 MVR
21 February 20241 CUP = 0.6340 MVR
22 February 20241 CUP = 0.6341 MVR
23 February 20241 CUP = 0.6340 MVR
24 February 20241 CUP = 0.6425 MVR
25 February 20241 CUP = 0.6425 MVR
26 February 20241 CUP = 0.6346 MVR
27 February 20241 CUP = 0.6346 MVR
28 February 20241 CUP = 0.6347 MVR
29 February 20241 CUP = 0.6358 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.
CUP MVR December 2023
CUP MVR January 2024
CUP MVR February 2024
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