Historic Cuban peso Somali shilling

Cuban peso somali shilling history for January 2024. The highest quote for this month is 23.706 (08/01/2024) and the lowest 23.766 (08/01/2024). The difference between high and low is -0.25.

CUP SOS average rate for January 2024 is 23.69548, the change between 01/01/2024 and 31/01/2024 is -0.21 %.

01 January 20241 CUP = 23.65 SOS
02 January 20241 CUP = 23.63 SOS
03 January 20241 CUP = 23.69 SOS
04 January 20241 CUP = 23.72 SOS
05 January 20241 CUP = 23.70 SOS
08 January 20241 CUP = 23.76 SOS
09 January 20241 CUP = 23.71 SOS
10 January 20241 CUP = 23.70 SOS
11 January 20241 CUP = 23.70 SOS
12 January 20241 CUP = 23.69 SOS
15 January 20241 CUP = 23.73 SOS
16 January 20241 CUP = 23.72 SOS
17 January 20241 CUP = 23.66 SOS
18 January 20241 CUP = 23.70 SOS
19 January 20241 CUP = 23.69 SOS
22 January 20241 CUP = 23.71 SOS
23 January 20241 CUP = 23.70 SOS
24 January 20241 CUP = 23.71 SOS
25 January 20241 CUP = 23.70 SOS
26 January 20241 CUP = 23.68 SOS
29 January 20241 CUP = 23.67 SOS
30 January 20241 CUP = 23.71 SOS
31 January 20241 CUP = 23.70 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.