Historic Cuban peso Singapore dollar

Cuban peso singapore dollar history for December 2023. The highest quote for this month is 0.056091 (13/12/2023) and the lowest 0.055916 (11/12/2023). The difference between high and low is 0.31.

CUP SGD average rate for December 2023 is 0.05549, the change between 01/12/2023 and 31/12/2023 is +1.44 %.

01 December 20231 CUP = 0.0558 SGD
02 December 20231 CUP = 0.0556 SGD
03 December 20231 CUP = 0.0556 SGD
04 December 20231 CUP = 0.0555 SGD
05 December 20231 CUP = 0.0558 SGD
06 December 20231 CUP = 0.0559 SGD
07 December 20231 CUP = 0.0559 SGD
08 December 20231 CUP = 0.0558 SGD
09 December 20231 CUP = 0.0559 SGD
10 December 20231 CUP = 0.0558 SGD
11 December 20231 CUP = 0.0559 SGD
12 December 20231 CUP = 0.0560 SGD
13 December 20231 CUP = 0.0559 SGD
14 December 20231 CUP = 0.0556 SGD
15 December 20231 CUP = 0.0554 SGD
16 December 20231 CUP = 0.0555 SGD
17 December 20231 CUP = 0.0555 SGD
18 December 20231 CUP = 0.0553 SGD
19 December 20231 CUP = 0.0556 SGD
20 December 20231 CUP = 0.0555 SGD
21 December 20231 CUP = 0.0556 SGD
22 December 20231 CUP = 0.0553 SGD
23 December 20231 CUP = 0.0552 SGD
24 December 20231 CUP = 0.0552 SGD
25 December 20231 CUP = 0.0551 SGD
26 December 20231 CUP = 0.0552 SGD
27 December 20231 CUP = 0.0551 SGD
28 December 20231 CUP = 0.0550 SGD
29 December 20231 CUP = 0.0548 SGD
30 December 20231 CUP = 0.0550 SGD
31 December 20231 CUP = 0.0550 SGD

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).

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

01/01/1961: Nationalization of Banks

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