Historic Cuban peso Uzbekistani som

Cuban peso uzbekistani som history for January 2024. The highest quote for this month is 517.42 (25/01/2024) and the lowest 514.15 (12/01/2024). The difference between high and low is 0.63.

CUP UZS average rate for January 2024 is 515.36696, the change between 01/01/2024 and 31/01/2024 is -0.81 %.

01 January 20241 CUP = 513.4 UZS
02 January 20241 CUP = 513.4 UZS
03 January 20241 CUP = 514.0 UZS
04 January 20241 CUP = 514.6 UZS
05 January 20241 CUP = 513.6 UZS
08 January 20241 CUP = 513.5 UZS
09 January 20241 CUP = 516.3 UZS
10 January 20241 CUP = 515.5 UZS
11 January 20241 CUP = 513.6 UZS
12 January 20241 CUP = 516.7 UZS
15 January 20241 CUP = 513.6 UZS
16 January 20241 CUP = 513.6 UZS
17 January 20241 CUP = 513.6 UZS
18 January 20241 CUP = 517.3 UZS
19 January 20241 CUP = 517.2 UZS
22 January 20241 CUP = 513.6 UZS
23 January 20241 CUP = 517.4 UZS
24 January 20241 CUP = 518.5 UZS
25 January 20241 CUP = 518.2 UZS
26 January 20241 CUP = 517.0 UZS
29 January 20241 CUP = 513.6 UZS
30 January 20241 CUP = 517.5 UZS
31 January 20241 CUP = 517.5 UZS

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).

25/02/2020: Introduction of New Large Denomination Banknotes

Uzbekistan introduced new 100,000 and 200,000 som banknotes to meet the requirements of the growing economy and reduce cash circulation.

08/02/2019: Exchange Rate Unification

Uzbekistan unified the official and black-market exchange rates, allowing for more transparency in currency transactions.

03/09/2018: Denomination of Uzbekistani Som

Uzbekistan announced a 1:10,000 denomination of the som, as part of ongoing currency reform.

05/09/2017: Floating Exchange Rate Regime

Uzbekistan transitioned to a floating exchange rate regime, allowing the Uzbekistani Som's value to be determined by market forces.

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.

10/03/2001: Introduction of New Uzbekistani Som

Uzbekistan introduced a new som, with 1 new som equaling 1,000 old soms, as a result of currency reform.

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.

01/07/1994: Redenomination of Uzbekistani Som

Uzbekistan redenominated its currency, with 1 new som replacing 1,000 old soms to combat hyperinflation.

01/07/1993: Introduction of Uzbekistani Som

Uzbekistani Som (UZS) was introduced as the official currency of Uzbekistan after the country gained independence from the Soviet Union.

01/01/1961: Nationalization of Banks

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