Historic Cuban peso Uzbekistani som

Cuban peso uzbekistani som history for September 2023. The highest quote for this month is 543.82 (05/09/2023) and the lowest 508.07 (25/09/2023). The difference between high and low is 6.57.

CUP UZS average rate for September 2023 is 506.31476, the change between 01/09/2023 and 30/09/2023 is -0.73 %.

01 September 20231 CUP = 503.5 UZS
04 September 20231 CUP = 503.5 UZS
05 September 20231 CUP = 504.2 UZS
06 September 20231 CUP = 504.6 UZS
07 September 20231 CUP = 506.0 UZS
08 September 20231 CUP = 505.3 UZS
11 September 20231 CUP = 505.4 UZS
12 September 20231 CUP = 506.0 UZS
13 September 20231 CUP = 506.7 UZS
14 September 20231 CUP = 506.7 UZS
15 September 20231 CUP = 505.8 UZS
18 September 20231 CUP = 506.5 UZS
19 September 20231 CUP = 506.9 UZS
20 September 20231 CUP = 507.0 UZS
21 September 20231 CUP = 507.4 UZS
22 September 20231 CUP = 507.6 UZS
25 September 20231 CUP = 508.1 UZS
26 September 20231 CUP = 508.8 UZS
27 September 20231 CUP = 508.3 UZS
28 September 20231 CUP = 507.2 UZS
29 September 20231 CUP = 507.2 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.