Historic Guinean franc Cuban peso

Guinean franc cuban peso history for January 2024. The highest quote for this month is 0.002824 (28/01/2024) and the lowest 0.002838 (02/01/2024). The difference between high and low is -0.5.

GNF CUP average rate for January 2024 is 0.00281, the change between 01/01/2024 and 31/01/2024 is +0.11 %.

01 January 20241 GNF = 0.0028 CUP
02 January 20241 GNF = 0.0028 CUP
03 January 20241 GNF = 0.0028 CUP
04 January 20241 GNF = 0.0028 CUP
05 January 20241 GNF = 0.0028 CUP
06 January 20241 GNF = 0.0028 CUP
07 January 20241 GNF = 0.0028 CUP
08 January 20241 GNF = 0.0028 CUP
09 January 20241 GNF = 0.0028 CUP
10 January 20241 GNF = 0.0028 CUP
11 January 20241 GNF = 0.0028 CUP
12 January 20241 GNF = 0.0028 CUP
14 January 20241 GNF = 0.0028 CUP
15 January 20241 GNF = 0.0028 CUP
16 January 20241 GNF = 0.0028 CUP
17 January 20241 GNF = 0.0028 CUP
18 January 20241 GNF = 0.0028 CUP
19 January 20241 GNF = 0.0028 CUP
22 January 20241 GNF = 0.0028 CUP
23 January 20241 GNF = 0.0028 CUP
24 January 20241 GNF = 0.0028 CUP
25 January 20241 GNF = 0.0028 CUP
26 January 20241 GNF = 0.0028 CUP
28 January 20241 GNF = 0.0028 CUP
29 January 20241 GNF = 0.0028 CUP
30 January 20241 GNF = 0.0028 CUP
31 January 20241 GNF = 0.0028 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).

30/06/2015: Demonetization of old Guinean franc banknotes

The old series of Guinean franc banknotes, denominated in 'Syli,' ceased to be legal tender, and only the new franc banknotes remained in circulation.

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.

26/09/2012: Introduction of new Guinean franc coins

New coins denominated in the Guinean franc were introduced, replacing the previously used Guinean syli coins.

25/10/2011: Currency Unification Announced

The Cuban government announced plans to eliminate the dual currency system and unify the CUP and CUC.

30/06/2010: Revaluation of the Guinean franc

The Guinean franc underwent a revaluation, with 1 new franc being equivalent to 10,000 old francs.

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.

30/06/1997: Introduction of new Guinean franc

A new series of Guinean franc banknotes, denominated in 'Syli,' was introduced as a replacement for the previous currency.

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.

30/11/1985: Devaluation of the Guinean franc

The Guinean franc was devalued by 50%, leading to an economic crisis and high inflation.

31/05/1971: Redenomination of the Guinean franc

The Guinean franc underwent a redenomination, with 1 new franc being equivalent to 10 old francs.

01/01/1961: Nationalization of Banks

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

01/10/1959: Introduction of Guinean franc

The Guinean franc was introduced as the official currency of Guinea following its independence from France.
GNF CUP January 2024
GNF CUP February 2024
GNF CUP March 2024
GNF CUP April 2024
GNF CUP May 2024
GNF CUP June 2024
GNF CUP July 2024
GNF CUP August 2024
GNF CUP September 2024
GNF CUP October 2024
GNF CUP November 2024
GNF CUP December 2024
GNF CUP January 2025