Historic Guyanese dollar Cuban peso

Guyanese dollar cuban peso history for January 2024. The highest quote for this month is 0.11985 (29/01/2024) and the lowest 0.11987 (31/01/2024). The difference between high and low is -0.02.

GYD CUP average rate for January 2024 is 0.1191, the change between 01/01/2024 and 31/01/2024 is -0.09 %.

01 January 20241 GYD = 0.1197 CUP
02 January 20241 GYD = 0.1197 CUP
03 January 20241 GYD = 0.1198 CUP
04 January 20241 GYD = 0.1197 CUP
05 January 20241 GYD = 0.1198 CUP
06 January 20241 GYD = 0.1154 CUP
07 January 20241 GYD = 0.1154 CUP
08 January 20241 GYD = 0.1198 CUP
09 January 20241 GYD = 0.1198 CUP
10 January 20241 GYD = 0.1198 CUP
11 January 20241 GYD = 0.1197 CUP
12 January 20241 GYD = 0.1198 CUP
14 January 20241 GYD = 0.1152 CUP
15 January 20241 GYD = 0.1197 CUP
16 January 20241 GYD = 0.1197 CUP
17 January 20241 GYD = 0.1198 CUP
18 January 20241 GYD = 0.1197 CUP
19 January 20241 GYD = 0.1198 CUP
22 January 20241 GYD = 0.1198 CUP
23 January 20241 GYD = 0.1198 CUP
24 January 20241 GYD = 0.1198 CUP
25 January 20241 GYD = 0.1197 CUP
26 January 20241 GYD = 0.1197 CUP
28 January 20241 GYD = 0.1152 CUP
29 January 20241 GYD = 0.1199 CUP
30 January 20241 GYD = 0.1198 CUP
31 January 20241 GYD = 0.1198 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).

01/01/2020: Transition to Polymer Banknotes

Polymer banknotes were introduced in Guyana, enhancing the durability and security features of the Guyanese dollar.

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.

03/02/2003: Redenomination of the Currency

The Guyanese dollar underwent a redenomination, with old banknotes replaced by new notes at a rate of 1,000 old dollars to 1 new dollar.

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.

05/10/1992: Resumption of Banking System

The resumption of the banking system in Guyana significantly improved the stability and accessibility of the Guyanese dollar.

26/05/1966: Independence of Guyana

Following Guyana's independence from Britain, the currency was renamed from British Guiana dollar to Guyanese dollar.

01/01/1961: Nationalization of Banks

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

12/09/1951: Currency Board Established

A Currency Board was established to manage the British Guiana dollar, ensuring its stability and convertibility.

06/08/1917: Currency Act of 1917

The British Guiana dollar was revalued at a rate of 4.80 dollars to 1 U.S. dollar, following the Currency Act of 1917.

18/01/1839: Introduction of the British Guiana dollar

British Guiana dollar introduced as the official currency of British Guiana, replacing the Spanish and Portuguese coins previously in circulation.