Historic Cuban peso Somali shilling

Cuban peso somali shilling history for July 2023. The highest quote for this month is 23.634 (03/07/2023) and the lowest 23.817 (13/07/2023). The difference between high and low is -0.77.

CUP SOS average rate for July 2023 is 23.627, the change between 01/07/2023 and 31/07/2023 is +0.25 %.

03 July 20231 CUP = 23.76 SOS
04 July 20231 CUP = 23.59 SOS
05 July 20231 CUP = 23.60 SOS
06 July 20231 CUP = 23.58 SOS
07 July 20231 CUP = 23.57 SOS
10 July 20231 CUP = 23.75 SOS
11 July 20231 CUP = 23.61 SOS
12 July 20231 CUP = 23.57 SOS
13 July 20231 CUP = 23.79 SOS
14 July 20231 CUP = 23.61 SOS
17 July 20231 CUP = 23.67 SOS
18 July 20231 CUP = 23.58 SOS
19 July 20231 CUP = 23.60 SOS
20 July 20231 CUP = 23.60 SOS
21 July 20231 CUP = 23.61 SOS
24 July 20231 CUP = 23.63 SOS
25 July 20231 CUP = 23.62 SOS
26 July 20231 CUP = 23.60 SOS
27 July 20231 CUP = 23.56 SOS
28 July 20231 CUP = 23.56 SOS
31 July 20231 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.