Historic Cuban peso Singapore dollar

Cuban peso singapore dollar history for January 2024. The highest quote for this month is 0.056137 (18/01/2024) and the lowest 0.056072 (18/01/2024). The difference between high and low is 0.12.

CUP SGD average rate for January 2024 is 0.05566, the change between 01/01/2024 and 31/01/2024 is -1.74 %.

01 January 20241 CUP = 0.0549 SGD
02 January 20241 CUP = 0.0549 SGD
03 January 20241 CUP = 0.0553 SGD
04 January 20241 CUP = 0.0555 SGD
05 January 20241 CUP = 0.0555 SGD
06 January 20241 CUP = 0.0554 SGD
07 January 20241 CUP = 0.0554 SGD
08 January 20241 CUP = 0.0556 SGD
09 January 20241 CUP = 0.0555 SGD
10 January 20241 CUP = 0.0555 SGD
11 January 20241 CUP = 0.0555 SGD
12 January 20241 CUP = 0.0555 SGD
13 January 20241 CUP = 0.0555 SGD
14 January 20241 CUP = 0.0555 SGD
15 January 20241 CUP = 0.0556 SGD
16 January 20241 CUP = 0.0557 SGD
17 January 20241 CUP = 0.0559 SGD
18 January 20241 CUP = 0.0561 SGD
19 January 20241 CUP = 0.0561 SGD
20 January 20241 CUP = 0.0558 SGD
21 January 20241 CUP = 0.0558 SGD
22 January 20241 CUP = 0.0560 SGD
23 January 20241 CUP = 0.0560 SGD
24 January 20241 CUP = 0.0560 SGD
25 January 20241 CUP = 0.0559 SGD
26 January 20241 CUP = 0.0559 SGD
27 January 20241 CUP = 0.0559 SGD
28 January 20241 CUP = 0.0559 SGD
29 January 20241 CUP = 0.0559 SGD
30 January 20241 CUP = 0.0559 SGD
31 January 20241 CUP = 0.0559 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 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
CUP SGD August 2024
CUP SGD September 2024
CUP SGD October 2024
CUP SGD November 2024
CUP SGD December 2024
CUP SGD January 2025