Historic Cuban peso Ugandan Shilling

Cuban peso ugandan shilling history for January 2024. The highest quote for this month is 158.55 (28/01/2024) and the lowest 158.55 (28/01/2024). The difference between high and low is 0.

CUP UGX average rate for January 2024 is 157.17481, the change between 01/01/2024 and 31/01/2024 is -0.92 %.

01 January 20241 CUP = 156.0 UGX
02 January 20241 CUP = 156.0 UGX
03 January 20241 CUP = 156.3 UGX
04 January 20241 CUP = 157.3 UGX
05 January 20241 CUP = 157.3 UGX
06 January 20241 CUP = 157.8 UGX
07 January 20241 CUP = 157.8 UGX
08 January 20241 CUP = 156.4 UGX
09 January 20241 CUP = 157.2 UGX
10 January 20241 CUP = 156.8 UGX
11 January 20241 CUP = 156.8 UGX
12 January 20241 CUP = 156.8 UGX
14 January 20241 CUP = 158.1 UGX
15 January 20241 CUP = 156.8 UGX
16 January 20241 CUP = 157.3 UGX
17 January 20241 CUP = 157.4 UGX
18 January 20241 CUP = 157.5 UGX
19 January 20241 CUP = 156.9 UGX
22 January 20241 CUP = 157.0 UGX
23 January 20241 CUP = 157.3 UGX
24 January 20241 CUP = 157.5 UGX
25 January 20241 CUP = 157.4 UGX
26 January 20241 CUP = 157.3 UGX
28 January 20241 CUP = 158.6 UGX
29 January 20241 CUP = 157.3 UGX
30 January 20241 CUP = 157.4 UGX
31 January 20241 CUP = 157.4 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
CUP UGX March 2024
CUP UGX April 2024
CUP UGX May 2024
CUP UGX June 2024
CUP UGX July 2024
CUP UGX August 2024
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CUP UGX January 2025