Historic Dominican Peso Cuban peso

Dominican Peso cuban peso history for December 2023. The highest quote for this month is 0.42628 (11/12/2023) and the lowest 0.42741 (06/12/2023). The difference between high and low is -0.27.

DOP CUP average rate for December 2023 is 0.42172, the change between 01/12/2023 and 31/12/2023 is +1.24 %.

01 December 20231 DOP = 0.4240 CUP
02 December 20231 DOP = 0.4237 CUP
03 December 20231 DOP = 0.4237 CUP
04 December 20231 DOP = 0.4264 CUP
05 December 20231 DOP = 0.4241 CUP
06 December 20231 DOP = 0.4235 CUP
07 December 20231 DOP = 0.4275 CUP
08 December 20231 DOP = 0.4231 CUP
10 December 20231 DOP = 0.4223 CUP
11 December 20231 DOP = 0.4263 CUP
12 December 20231 DOP = 0.4232 CUP
13 December 20231 DOP = 0.4219 CUP
14 December 20231 DOP = 0.4268 CUP
15 December 20231 DOP = 0.4208 CUP
16 December 20231 DOP = 0.4201 CUP
17 December 20231 DOP = 0.4201 CUP
18 December 20231 DOP = 0.4244 CUP
19 December 20231 DOP = 0.4205 CUP
20 December 20231 DOP = 0.4199 CUP
21 December 20231 DOP = 0.4184 CUP
22 December 20231 DOP = 0.4179 CUP
23 December 20231 DOP = 0.4169 CUP
24 December 20231 DOP = 0.4169 CUP
25 December 20231 DOP = 0.4215 CUP
26 December 20231 DOP = 0.4212 CUP
27 December 20231 DOP = 0.4177 CUP
28 December 20231 DOP = 0.4169 CUP
29 December 20231 DOP = 0.4187 CUP

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).

01/10/2018: Redesign and Modernization of Banknotes

The Central Bank of the Dominican Republic unveils a redesigned series of banknotes with enhanced security features and modernized aesthetics.

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.

01/12/2011: New Security Features

To combat counterfeiting, the Central Bank of the Dominican Republic introduces new security features on the Peso Dominicano banknotes.

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.

01/03/2004: Transition to the Peso Dominicano

The Dominican Republic transitions from the Peso Oro to the Peso Dominicano, a new currency with a different exchange rate, to improve monetary stability.

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.

11/10/1947: Introduction of the Peso Oro

The Peso Oro is introduced as a new currency in the Dominican Republic, replacing the previous Peso. It is pegged to the US dollar at a fixed exchange rate.

09/01/1905: The Monetary Law of 1905

The Dominican government enacts the Monetary Law of 1905, which establishes the gold standard for the Peso, linking its value to the US dollar.

17/03/1877: Introduction of Paper Money

The first paper money denominated in the Dominican Peso is introduced, replacing the previously used gold and silver coins.

27/02/1844: Dominican Independence

After gaining independence from Haiti, the Dominican Republic introduces its own currency, the Peso, as a symbol of its sovereignty.