Historic Cuban peso Ugandan Shilling

Cuban peso ugandan shilling history for February 2024. The highest quote for this month is 163.1 (27/02/2024) and the lowest 163.1 (26/02/2024). The difference between high and low is 0.

CUP UGX average rate for February 2024 is 159.79852, the change between 01/02/2024 and 29/02/2024 is -3.31 %.

01 February 20241 CUP = 157.4 UGX
02 February 20241 CUP = 157.6 UGX
03 February 20241 CUP = 158.6 UGX
04 February 20241 CUP = 158.6 UGX
05 February 20241 CUP = 157.5 UGX
06 February 20241 CUP = 157.8 UGX
07 February 20241 CUP = 157.8 UGX
08 February 20241 CUP = 157.8 UGX
09 February 20241 CUP = 158.3 UGX
12 February 20241 CUP = 159.2 UGX
13 February 20241 CUP = 159.3 UGX
14 February 20241 CUP = 159.5 UGX
15 February 20241 CUP = 159.7 UGX
16 February 20241 CUP = 159.7 UGX
17 February 20241 CUP = 161.1 UGX
18 February 20241 CUP = 161.1 UGX
19 February 20241 CUP = 159.8 UGX
20 February 20241 CUP = 160.0 UGX
21 February 20241 CUP = 160.2 UGX
22 February 20241 CUP = 160.7 UGX
23 February 20241 CUP = 160.7 UGX
24 February 20241 CUP = 161.1 UGX
25 February 20241 CUP = 161.1 UGX
26 February 20241 CUP = 162.4 UGX
27 February 20241 CUP = 163.1 UGX
28 February 20241 CUP = 162.3 UGX
29 February 20241 CUP = 162.6 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.
CUP UGX January 2024
CUP UGX February 2024
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