Cuban peso rwandan franc exchange rate history (CUP RWF) October 2023

Cuban peso rwandan franc history for October 2023. The highest quote for this month is 51.221 (31/10/2023) and the lowest 50.884 (25/10/2023). The difference between high and low is 0.66.

CUP RWF average rate for October 2023 is 50.45707, the change between 01/10/2023 and 31/10/2023 is -1.37 %.

01 October 2023	1 CUP = 50.12 RWF
02 October 2023	1 CUP = 50.35 RWF
03 October 2023	1 CUP = 50.20 RWF
04 October 2023	1 CUP = 50.25 RWF
05 October 2023	1 CUP = 50.40 RWF
06 October 2023	1 CUP = 50.05 RWF
07 October 2023	1 CUP = 50.38 RWF
09 October 2023	1 CUP = 50.18 RWF
10 October 2023	1 CUP = 50.93 RWF
11 October 2023	1 CUP = 50.45 RWF
12 October 2023	1 CUP = 50.26 RWF
13 October 2023	1 CUP = 50.48 RWF
16 October 2023	1 CUP = 50.26 RWF
17 October 2023	1 CUP = 50.50 RWF
18 October 2023	1 CUP = 50.54 RWF
19 October 2023	1 CUP = 50.31 RWF
20 October 2023	1 CUP = 50.58 RWF
21 October 2023	1 CUP = 50.58 RWF
22 October 2023	1 CUP = 50.58 RWF
23 October 2023	1 CUP = 50.36 RWF
24 October 2023	1 CUP = 50.62 RWF
25 October 2023	1 CUP = 50.68 RWF
26 October 2023	1 CUP = 50.65 RWF
27 October 2023	1 CUP = 50.64 RWF
29 October 2023	1 CUP = 50.71 RWF
30 October 2023	1 CUP = 50.51 RWF
31 October 2023	1 CUP = 50.81 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.

Historic Cuban peso Rwandan franc