Historic Cuban peso New Zealand Dollar

Cuban peso new zealand dollar history for February 2024. The highest quote for this month is 0.068917 (06/02/2024) and the lowest 0.068679 (03/02/2024). The difference between high and low is 0.35.

CUP NZD average rate for February 2024 is 0.06803, the change between 01/02/2024 and 29/02/2024 is -0.28 %.

01 February 20241 CUP = 0.0684 NZD
02 February 20241 CUP = 0.0679 NZD
03 February 20241 CUP = 0.0687 NZD
04 February 20241 CUP = 0.0686 NZD
05 February 20241 CUP = 0.0682 NZD
06 February 20241 CUP = 0.0688 NZD
07 February 20241 CUP = 0.0683 NZD
08 February 20241 CUP = 0.0683 NZD
09 February 20241 CUP = 0.0683 NZD
10 February 20241 CUP = 0.0678 NZD
11 February 20241 CUP = 0.0678 NZD
12 February 20241 CUP = 0.0679 NZD
13 February 20241 CUP = 0.0681 NZD
14 February 20241 CUP = 0.0689 NZD
15 February 20241 CUP = 0.0685 NZD
16 February 20241 CUP = 0.0683 NZD
17 February 20241 CUP = 0.0680 NZD
18 February 20241 CUP = 0.0680 NZD
19 February 20241 CUP = 0.0680 NZD
20 February 20241 CUP = 0.0679 NZD
21 February 20241 CUP = 0.0676 NZD
22 February 20241 CUP = 0.0675 NZD
23 February 20241 CUP = 0.0673 NZD
24 February 20241 CUP = 0.0672 NZD
25 February 20241 CUP = 0.0672 NZD
26 February 20241 CUP = 0.0675 NZD
27 February 20241 CUP = 0.0677 NZD
28 February 20241 CUP = 0.0676 NZD
29 February 20241 CUP = 0.0686 NZD

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).

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

01/01/1961: Nationalization of Banks

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

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.
CUP NZD January 2024
CUP NZD February 2024
CUP NZD March 2024
CUP NZD April 2024
CUP NZD May 2024
CUP NZD June 2024
CUP NZD July 2024
CUP NZD August 2024
CUP NZD September 2024
CUP NZD October 2024
CUP NZD November 2024
CUP NZD December 2024
CUP NZD January 2025