Historic Cuban peso Singapore dollar

Cuban peso singapore dollar history for February 2024. The highest quote for this month is 0.056355 (13/02/2024) and the lowest 0.056259 (16/02/2024). The difference between high and low is 0.17.

CUP SGD average rate for February 2024 is 0.05605, the change between 01/02/2024 and 29/02/2024 is -0.45 %.

01 February 20241 CUP = 0.0560 SGD
02 February 20241 CUP = 0.0558 SGD
03 February 20241 CUP = 0.0559 SGD
04 February 20241 CUP = 0.0559 SGD
05 February 20241 CUP = 0.0555 SGD
06 February 20241 CUP = 0.0561 SGD
07 February 20241 CUP = 0.0560 SGD
08 February 20241 CUP = 0.0560 SGD
09 February 20241 CUP = 0.0562 SGD
10 February 20241 CUP = 0.0561 SGD
11 February 20241 CUP = 0.0560 SGD
12 February 20241 CUP = 0.0562 SGD
13 February 20241 CUP = 0.0561 SGD
14 February 20241 CUP = 0.0564 SGD
15 February 20241 CUP = 0.0562 SGD
16 February 20241 CUP = 0.0562 SGD
17 February 20241 CUP = 0.0561 SGD
18 February 20241 CUP = 0.0561 SGD
19 February 20241 CUP = 0.0561 SGD
20 February 20241 CUP = 0.0562 SGD
21 February 20241 CUP = 0.0560 SGD
22 February 20241 CUP = 0.0561 SGD
23 February 20241 CUP = 0.0560 SGD
24 February 20241 CUP = 0.0560 SGD
25 February 20241 CUP = 0.0560 SGD
26 February 20241 CUP = 0.0561 SGD
27 February 20241 CUP = 0.0561 SGD
28 February 20241 CUP = 0.0561 SGD
29 February 20241 CUP = 0.0563 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.