Historic Cuban peso Rwandan franc

Cuban peso rwandan franc history for January 2024. The highest quote for this month is 53.088 (24/01/2024) and the lowest 52.611 (15/01/2024). The difference between high and low is 0.9.

CUP RWF average rate for January 2024 is 52.39822, the change between 01/01/2024 and 31/01/2024 is -1.18 %.

01 January 20241 CUP = 51.95 RWF
02 January 20241 CUP = 51.95 RWF
03 January 20241 CUP = 52.58 RWF
04 January 20241 CUP = 52.23 RWF
05 January 20241 CUP = 52.15 RWF
06 January 20241 CUP = 52.32 RWF
07 January 20241 CUP = 52.32 RWF
08 January 20241 CUP = 52.13 RWF
09 January 20241 CUP = 52.17 RWF
10 January 20241 CUP = 52.18 RWF
11 January 20241 CUP = 52.15 RWF
12 January 20241 CUP = 52.19 RWF
14 January 20241 CUP = 52.41 RWF
15 January 20241 CUP = 53.01 RWF
16 January 20241 CUP = 52.61 RWF
17 January 20241 CUP = 52.25 RWF
18 January 20241 CUP = 52.48 RWF
19 January 20241 CUP = 52.48 RWF
22 January 20241 CUP = 53.07 RWF
23 January 20241 CUP = 52.54 RWF
24 January 20241 CUP = 52.46 RWF
25 January 20241 CUP = 52.57 RWF
26 January 20241 CUP = 52.45 RWF
28 January 20241 CUP = 52.56 RWF
29 January 20241 CUP = 52.40 RWF
30 January 20241 CUP = 52.59 RWF
31 January 20241 CUP = 52.57 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 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
CUP RWF September 2024
CUP RWF October 2024
CUP RWF November 2024
CUP RWF December 2024
CUP RWF January 2025