Egyptian Pound cuban peso exchange rate history (EGP CUP) November 2023

Egyptian Pound cuban peso history for November 2023. The highest quote for this month is 0.77798 (07/11/2023) and the lowest 0.78021 (06/11/2023). The difference between high and low is -0.29.

EGP CUP average rate for November 2023 is 0.77681, the change between 01/11/2023 and 30/11/2023 is +0.09 %.

01 November 2023	1 EGP = 0.7758 CUP
02 November 2023	1 EGP = 0.7761 CUP
03 November 2023	1 EGP = 0.7752 CUP
06 November 2023	1 EGP = 0.7791 CUP
07 November 2023	1 EGP = 0.7768 CUP
08 November 2023	1 EGP = 0.7784 CUP
09 November 2023	1 EGP = 0.7771 CUP
10 November 2023	1 EGP = 0.7764 CUP
12 November 2023	1 EGP = 0.7780 CUP
13 November 2023	1 EGP = 0.7775 CUP
14 November 2023	1 EGP = 0.7771 CUP
15 November 2023	1 EGP = 0.7760 CUP
16 November 2023	1 EGP = 0.7766 CUP
17 November 2023	1 EGP = 0.7763 CUP
18 November 2023	1 EGP = 0.7767 CUP
19 November 2023	1 EGP = 0.7780 CUP
20 November 2023	1 EGP = 0.7777 CUP
21 November 2023	1 EGP = 0.7755 CUP
22 November 2023	1 EGP = 0.7761 CUP
23 November 2023	1 EGP = 0.7759 CUP
24 November 2023	1 EGP = 0.7769 CUP
26 November 2023	1 EGP = 0.7780 CUP
27 November 2023	1 EGP = 0.7785 CUP
28 November 2023	1 EGP = 0.7767 CUP
29 November 2023	1 EGP = 0.7756 CUP
30 November 2023	1 EGP = 0.7751 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.

Historic Egyptian Pound Cuban peso