Historic Cuban peso Somali shilling

Cuban peso somali shilling history for December 2023. The highest quote for this month is 23.706 (19/12/2023) and the lowest 23.942 (14/12/2023). The difference between high and low is -1.

CUP SOS average rate for December 2023 is 23.67233, the change between 01/12/2023 and 31/12/2023 is +0.5 %.

01 December 20231 CUP = 23.69 SOS
04 December 20231 CUP = 23.68 SOS
05 December 20231 CUP = 23.68 SOS
06 December 20231 CUP = 23.70 SOS
07 December 20231 CUP = 23.66 SOS
08 December 20231 CUP = 23.68 SOS
11 December 20231 CUP = 23.65 SOS
12 December 20231 CUP = 23.67 SOS
13 December 20231 CUP = 23.69 SOS
14 December 20231 CUP = 23.69 SOS
15 December 20231 CUP = 23.70 SOS
18 December 20231 CUP = 23.57 SOS
19 December 20231 CUP = 23.70 SOS
20 December 20231 CUP = 23.71 SOS
21 December 20231 CUP = 23.69 SOS
22 December 20231 CUP = 23.70 SOS
25 December 20231 CUP = 23.67 SOS
26 December 20231 CUP = 23.67 SOS
27 December 20231 CUP = 23.65 SOS
28 December 20231 CUP = 23.70 SOS
29 December 20231 CUP = 23.57 SOS

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).

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.

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.

01/01/1961: Nationalization of Banks

The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.