Cuban peso ugandan shilling exchange rate history (CUP UGX) December 2023

Cuban peso ugandan shilling history for December 2023. The highest quote for this month is 158.93 (02/12/2023) and the lowest 158.93 (02/12/2023). The difference between high and low is 0.

CUP UGX average rate for December 2023 is 156.54321, the change between 01/12/2023 and 31/12/2023 is +1.24 %.

01 December 2023	1 CUP = 157.5 UGX
02 December 2023	1 CUP = 158.9 UGX
03 December 2023	1 CUP = 158.9 UGX
04 December 2023	1 CUP = 156.9 UGX
05 December 2023	1 CUP = 156.6 UGX
06 December 2023	1 CUP = 156.6 UGX
07 December 2023	1 CUP = 155.6 UGX
08 December 2023	1 CUP = 155.7 UGX
10 December 2023	1 CUP = 158.3 UGX
11 December 2023	1 CUP = 155.5 UGX
12 December 2023	1 CUP = 156.9 UGX
13 December 2023	1 CUP = 156.9 UGX
14 December 2023	1 CUP = 156.4 UGX
15 December 2023	1 CUP = 156.0 UGX
16 December 2023	1 CUP = 158.3 UGX
17 December 2023	1 CUP = 158.3 UGX
18 December 2023	1 CUP = 155.6 UGX
19 December 2023	1 CUP = 155.6 UGX
20 December 2023	1 CUP = 155.5 UGX
21 December 2023	1 CUP = 155.1 UGX
22 December 2023	1 CUP = 155.1 UGX
23 December 2023	1 CUP = 158.3 UGX
24 December 2023	1 CUP = 158.3 UGX
25 December 2023	1 CUP = 155.3 UGX
26 December 2023	1 CUP = 155.3 UGX
27 December 2023	1 CUP = 155.3 UGX
28 December 2023	1 CUP = 155.1 UGX
29 December 2023	1 CUP = 155.6 UGX

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).

03/06/2020: COVID-19 Impact on the Shilling

The Ugandan Shilling experienced a significant decline in value due to the economic impact of the COVID-19 pandemic.

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.

01/09/2013: Withdrawal of Old Currency Series

The old series of Ugandan Shilling notes were phased out and replaced with the new currency series.

25/10/2011: Currency Unification Announced

The Cuban government announced plans to eliminate the dual currency system and unify the CUP and CUC.

01/07/2010: Issue of New Currency Series

Uganda issued a new series of currency notes with enhanced security features to reduce counterfeiting.

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.

02/05/2003: Introduction of Coins

Uganda introduced coins denominated in Shillings to replace lower-value notes and facilitate transactions.

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.

15/05/1987: Introduction of the 500 Shilling Note

A new 500 Shilling note was introduced to combat the rapid inflation and devaluation of the currency.

05/08/1972: Idi Amin's Currency Change

President Idi Amin ordered the demonetization of old Ugandan Shilling notes and replaced them with new ones, causing an economic crisis.

15/06/1966: Introduction of the Ugandan Shilling

The Ugandan Shilling was introduced as the official currency of Uganda following its independence from British colonial rule.

01/01/1961: Nationalization of Banks

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

Historic Cuban peso Ugandan Shilling