Historic Cuban peso Namibian dollar

Cuban peso namibian dollar history for February 2024. The highest quote for this month is 0.83033 (13/02/2024) and the lowest 0.8066 (27/02/2024). The difference between high and low is 2.86.

CUP NAD average rate for February 2024 is 0.79197, the change between 01/02/2024 and 29/02/2024 is -4.13 %.

01 February 20241 CUP = 0.7760 NAD
02 February 20241 CUP = 0.7757 NAD
03 February 20241 CUP = 0.7873 NAD
04 February 20241 CUP = 0.7874 NAD
05 February 20241 CUP = 0.7684 NAD
06 February 20241 CUP = 0.7946 NAD
07 February 20241 CUP = 0.7850 NAD
08 February 20241 CUP = 0.7883 NAD
09 February 20241 CUP = 0.7905 NAD
12 February 20241 CUP = 0.7942 NAD
13 February 20241 CUP = 0.7935 NAD
14 February 20241 CUP = 0.7984 NAD
15 February 20241 CUP = 0.7947 NAD
16 February 20241 CUP = 0.7913 NAD
17 February 20241 CUP = 0.7852 NAD
18 February 20241 CUP = 0.7864 NAD
19 February 20241 CUP = 0.7909 NAD
20 February 20241 CUP = 0.7873 NAD
21 February 20241 CUP = 0.7888 NAD
22 February 20241 CUP = 0.7889 NAD
23 February 20241 CUP = 0.7999 NAD
24 February 20241 CUP = 0.8045 NAD
25 February 20241 CUP = 0.8043 NAD
26 February 20241 CUP = 0.8008 NAD
27 February 20241 CUP = 0.8065 NAD
28 February 20241 CUP = 0.8066 NAD
29 February 20241 CUP = 0.8081 NAD

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).

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

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.

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

25/10/2011: Currency Unification Announced

The Cuban government announced plans to eliminate the dual currency system and unify the CUP and CUC.

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.

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: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

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.

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

01/01/1961: Nationalization of Banks

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