Historic Cuban peso Uruguayan peso

Cuban peso uruguayan peso history for January 2024. The highest quote for this month is 1.6413 (14/01/2024) and the lowest 1.6413 (14/01/2024). The difference between high and low is 0.

CUP UYU average rate for January 2024 is 1.61347, the change between 01/01/2024 and 31/01/2024 is +0.11 %.

01 January 20241 CUP = 1.606 UYU
02 January 20241 CUP = 1.606 UYU
03 January 20241 CUP = 1.607 UYU
04 January 20241 CUP = 1.605 UYU
05 January 20241 CUP = 1.608 UYU
06 January 20241 CUP = 1.634 UYU
07 January 20241 CUP = 1.634 UYU
08 January 20241 CUP = 1.611 UYU
09 January 20241 CUP = 1.614 UYU
10 January 20241 CUP = 1.618 UYU
11 January 20241 CUP = 1.619 UYU
12 January 20241 CUP = 1.623 UYU
14 January 20241 CUP = 1.641 UYU
15 January 20241 CUP = 1.619 UYU
16 January 20241 CUP = 1.621 UYU
17 January 20241 CUP = 1.621 UYU
18 January 20241 CUP = 1.611 UYU
19 January 20241 CUP = 1.616 UYU
22 January 20241 CUP = 1.617 UYU
23 January 20241 CUP = 1.619 UYU
24 January 20241 CUP = 1.607 UYU
25 January 20241 CUP = 1.594 UYU
26 January 20241 CUP = 1.592 UYU
28 January 20241 CUP = 1.623 UYU
29 January 20241 CUP = 1.592 UYU
30 January 20241 CUP = 1.603 UYU
31 January 20241 CUP = 1.604 UYU

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.