Historic Egyptian Pound Cuban peso

Egyptian Pound cuban peso history for January 2024. The highest quote for this month is 0.78049 (07/01/2024) and the lowest 0.78226 (08/01/2024). The difference between high and low is -0.23.

EGP CUP average rate for January 2024 is 0.77702, the change between 01/01/2024 and 31/01/2024 is +0.26 %.

01 January 20241 EGP = 0.7775 CUP
02 January 20241 EGP = 0.7754 CUP
03 January 20241 EGP = 0.7762 CUP
04 January 20241 EGP = 0.7751 CUP
05 January 20241 EGP = 0.7792 CUP
06 January 20241 EGP = 0.7805 CUP
07 January 20241 EGP = 0.7805 CUP
08 January 20241 EGP = 0.7816 CUP
09 January 20241 EGP = 0.7760 CUP
10 January 20241 EGP = 0.7762 CUP
11 January 20241 EGP = 0.7766 CUP
12 January 20241 EGP = 0.7765 CUP
14 January 20241 EGP = 0.7780 CUP
15 January 20241 EGP = 0.7749 CUP
16 January 20241 EGP = 0.7748 CUP
17 January 20241 EGP = 0.7776 CUP
18 January 20241 EGP = 0.7766 CUP
19 January 20241 EGP = 0.7768 CUP
22 January 20241 EGP = 0.7790 CUP
23 January 20241 EGP = 0.7761 CUP
24 January 20241 EGP = 0.7761 CUP
25 January 20241 EGP = 0.7763 CUP
26 January 20241 EGP = 0.7769 CUP
28 January 20241 EGP = 0.7762 CUP
29 January 20241 EGP = 0.7778 CUP
30 January 20241 EGP = 0.7760 CUP
31 January 20241 EGP = 0.7754 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).

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

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.

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on market forces.

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.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

01/01/1961: Nationalization of Banks

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

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.