Historic Cuban peso Rwandan franc

Cuban peso rwandan franc history for August 2023. The highest quote for this month is 49.588 (21/08/2023) and the lowest 49.171 (31/08/2023). The difference between high and low is 0.84.

CUP RWF average rate for August 2023 is 48.81956, the change between 01/08/2023 and 31/08/2023 is -1.15 %.

01 August 20231 CUP = 48.61 RWF
02 August 20231 CUP = 48.66 RWF
03 August 20231 CUP = 48.48 RWF
04 August 20231 CUP = 48.62 RWF
07 August 20231 CUP = 48.54 RWF
08 August 20231 CUP = 48.40 RWF
09 August 20231 CUP = 48.57 RWF
10 August 20231 CUP = 48.60 RWF
11 August 20231 CUP = 48.63 RWF
12 August 20231 CUP = 48.83 RWF
14 August 20231 CUP = 48.65 RWF
15 August 20231 CUP = 48.86 RWF
16 August 20231 CUP = 48.93 RWF
17 August 20231 CUP = 48.88 RWF
18 August 20231 CUP = 48.96 RWF
20 August 20231 CUP = 48.97 RWF
21 August 20231 CUP = 48.78 RWF
22 August 20231 CUP = 49.09 RWF
23 August 20231 CUP = 49.06 RWF
24 August 20231 CUP = 49.06 RWF
25 August 20231 CUP = 49.14 RWF
28 August 20231 CUP = 48.93 RWF
29 August 20231 CUP = 48.95 RWF
30 August 20231 CUP = 49.11 RWF
31 August 20231 CUP = 49.17 RWF

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).

24/06/2020: Rwandan Franc Devaluation

The central bank of Rwanda announced a gradual devaluation of the Rwandan franc to enhance export competitiveness and stimulate economic growth.

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.

03/12/2008: New Currency Series

A new series of Rwandan franc banknotes was introduced, featuring updated security features and designs.

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.

01/01/2004: East African Community

Rwanda joined the East African Community, leading to increased economic integration and cooperation within the region.

03/12/1998: Currency Redenomination

The Rwandan franc underwent a redenomination, with 100 old francs being replaced by 1 new franc.

07/04/1995: Rwandan Genocide

The Rwandan Genocide began, causing economic instability and inflation for the Rwandan franc.

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.

01/12/1973: Currency Reform

A currency reform was implemented, introducing a new series of Rwandan franc banknotes.

25/06/1964: Introduction of the Rwandan Franc

The Rwandan franc was introduced as the official currency of Rwanda, replacing the East African shilling.

01/01/1961: Nationalization of Banks

The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.
CUP RWF August 2023
CUP RWF September 2023
CUP RWF October 2023
CUP RWF November 2023
CUP RWF December 2023
CUP RWF January 2024
CUP RWF February 2024
CUP RWF March 2024
CUP RWF April 2024
CUP RWF May 2024
CUP RWF June 2024
CUP RWF July 2024
CUP RWF August 2024