Historic Cuban peso Namibian dollar

Cuban peso namibian dollar history for January 2024. The highest quote for this month is 0.79995 (23/01/2024) and the lowest 0.80045 (23/01/2024). The difference between high and low is -0.06.

CUP NAD average rate for January 2024 is 0.78233, the change between 01/01/2024 and 31/01/2024 is -2.55 %.

01 January 20241 CUP = 0.7652 NAD
02 January 20241 CUP = 0.7704 NAD
03 January 20241 CUP = 0.7723 NAD
04 January 20241 CUP = 0.7750 NAD
05 January 20241 CUP = 0.7797 NAD
06 January 20241 CUP = 0.7834 NAD
07 January 20241 CUP = 0.7781 NAD
08 January 20241 CUP = 0.7814 NAD
09 January 20241 CUP = 0.7796 NAD
10 January 20241 CUP = 0.7795 NAD
11 January 20241 CUP = 0.7755 NAD
12 January 20241 CUP = 0.7787 NAD
14 January 20241 CUP = 0.7752 NAD
15 January 20241 CUP = 0.7799 NAD
16 January 20241 CUP = 0.7795 NAD
17 January 20241 CUP = 0.7773 NAD
18 January 20241 CUP = 0.7947 NAD
19 January 20241 CUP = 0.7946 NAD
22 January 20241 CUP = 0.7890 NAD
23 January 20241 CUP = 0.8003 NAD
24 January 20241 CUP = 0.8005 NAD
25 January 20241 CUP = 0.7890 NAD
26 January 20241 CUP = 0.7872 NAD
27 January 20241 CUP = 0.7808 NAD
28 January 20241 CUP = 0.7821 NAD
29 January 20241 CUP = 0.7868 NAD
30 January 20241 CUP = 0.7847 NAD
31 January 20241 CUP = 0.7847 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.