Historic Ethiopian birr Cuban peso

Ethiopian birr cuban peso history for December 2023. The highest quote for this month is 0.42916 (06/12/2023) and the lowest 0.43192 (05/12/2023). The difference between high and low is -0.64.

ETB CUP average rate for December 2023 is 0.42956, the change between 01/12/2023 and 31/12/2023 is -0.82 %.

01 December 20231 ETB = 0.4285 CUP
04 December 20231 ETB = 0.4284 CUP
05 December 20231 ETB = 0.4314 CUP
06 December 20231 ETB = 0.4311 CUP
07 December 20231 ETB = 0.4284 CUP
08 December 20231 ETB = 0.4310 CUP
11 December 20231 ETB = 0.4316 CUP
12 December 20231 ETB = 0.4309 CUP
13 December 20231 ETB = 0.4281 CUP
14 December 20231 ETB = 0.4304 CUP
15 December 20231 ETB = 0.4301 CUP
18 December 20231 ETB = 0.4279 CUP
19 December 20231 ETB = 0.4279 CUP
20 December 20231 ETB = 0.4293 CUP
21 December 20231 ETB = 0.4296 CUP
22 December 20231 ETB = 0.4289 CUP
25 December 20231 ETB = 0.4275 CUP
26 December 20231 ETB = 0.4275 CUP
27 December 20231 ETB = 0.4308 CUP
28 December 20231 ETB = 0.4296 CUP
29 December 20231 ETB = 0.4321 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).

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.

10/09/2008: Introduction of Birr Denominations

Ethiopia introduced new banknotes of different denominations in an effort to combat counterfeiting and improve security features.

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.

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.

27/05/1991: Introduction of Birr Coins

Ethiopia introduced coins for the birr denominations, replacing the previous notes.

17/09/1976: Introduction of New Birr

A new birr was introduced, replacing the previous Ethiopian birr and being equal to 100 old birr.

01/01/1961: Nationalization of Banks

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

08/07/1945: Decree to Change Birr Decimalization

Ethiopia changed the birr decimalization from talari and ghersh to dollars and cents.

31/12/1931: Introduction of Ethiopian birr

The Ethiopian birr was introduced as the official currency, replacing the Maria Theresa Thaler.

05/07/1931: Ethiopian Monetary Authority Established

The Ethiopian Monetary Authority was established to regulate the country's monetary system and issue currency.

14/02/1894: Introduction of Maria Theresa Thaler

Ethiopia adopted the Maria Theresa Thaler as the official currency, which remained in circulation until 1935.