Historic Cuban peso Taiwan dollar

Cuban peso taiwan dollar history for February 2024. The highest quote for this month is 1.3218 (29/02/2024) and the lowest 1.3187 (29/02/2024). The difference between high and low is 0.23.

CUP TWD average rate for February 2024 is 1.30916, the change between 01/02/2024 and 29/02/2024 is -1.32 %.

01 February 20241 CUP = 1.306 TWD
02 February 20241 CUP = 1.303 TWD
03 February 20241 CUP = 1.307 TWD
04 February 20241 CUP = 1.307 TWD
05 February 20241 CUP = 1.295 TWD
06 February 20241 CUP = 1.306 TWD
07 February 20241 CUP = 1.301 TWD
08 February 20241 CUP = 1.308 TWD
09 February 20241 CUP = 1.305 TWD
12 February 20241 CUP = 1.310 TWD
13 February 20241 CUP = 1.305 TWD
14 February 20241 CUP = 1.313 TWD
15 February 20241 CUP = 1.308 TWD
16 February 20241 CUP = 1.305 TWD
17 February 20241 CUP = 1.308 TWD
18 February 20241 CUP = 1.305 TWD
19 February 20241 CUP = 1.307 TWD
20 February 20241 CUP = 1.310 TWD
21 February 20241 CUP = 1.309 TWD
22 February 20241 CUP = 1.311 TWD
23 February 20241 CUP = 1.312 TWD
24 February 20241 CUP = 1.316 TWD
25 February 20241 CUP = 1.315 TWD
26 February 20241 CUP = 1.319 TWD
27 February 20241 CUP = 1.316 TWD
28 February 20241 CUP = 1.318 TWD
29 February 20241 CUP = 1.323 TWD

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.

01/01/2005: New Taiwan dollar banknotes issued

New designs for Taiwan dollar banknotes are issued, featuring innovative security features and updated aesthetics to combat counterfeiting and improve the currency's image.

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.

30/04/1991: Foreign Exchange Control Act revised

Taiwan relaxes its foreign exchange controls, allowing more flexibility in the trading of the Taiwan dollar and promoting financial globalization.

15/07/1987: Lifting of martial law

The martial law, which had been in place in Taiwan since 1949, is lifted, marking a significant milestone towards the democratization and liberalization of the country.

16/12/1971: Taiwan's expulsion from the UN

The United Nations General Assembly recognizes the People's Republic of China as the legitimate representative of China, leading to Taiwan's expulsion from the UN and international isolation.

01/01/1961: Nationalization of Banks

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

03/03/1952: TWD pegged to the US Dollar

The Taiwan dollar is pegged to the US Dollar at a fixed exchange rate of 32 TWD to 1 USD, stabilizing its value and promoting economic growth.

10/12/1949: Chinese Civil War ends

The Chinese Communist Party establishes the People's Republic of China on the mainland, leading to the Nationalist government's retreat to Taiwan, taking the Taiwan dollar with them.

25/10/1945: Taiwan is restored to the Republic of China

After the end of World War II, Taiwan is returned to the Republic of China from Japan, and the Taiwan dollar becomes the official currency.