Historic Iraqi dinar Cuban peso

Iraqi dinar cuban peso history for January 2024. The highest quote for this month is 0.018701 (01/01/2024) and the lowest 0.018701 (01/01/2024). The difference between high and low is 0.

IQD CUP average rate for January 2024 is 0.01846, the change between 01/01/2024 and 31/01/2024 is +2.01 %.

01 January 20241 IQD = 0.0187 CUP
02 January 20241 IQD = 0.0187 CUP
03 January 20241 IQD = 0.0183 CUP
04 January 20241 IQD = 0.0183 CUP
05 January 20241 IQD = 0.0183 CUP
06 January 20241 IQD = 0.0183 CUP
07 January 20241 IQD = 0.0183 CUP
08 January 20241 IQD = 0.0187 CUP
09 January 20241 IQD = 0.0183 CUP
10 January 20241 IQD = 0.0187 CUP
11 January 20241 IQD = 0.0183 CUP
12 January 20241 IQD = 0.0187 CUP
14 January 20241 IQD = 0.0183 CUP
15 January 20241 IQD = 0.0187 CUP
16 January 20241 IQD = 0.0187 CUP
17 January 20241 IQD = 0.0187 CUP
18 January 20241 IQD = 0.0183 CUP
19 January 20241 IQD = 0.0183 CUP
22 January 20241 IQD = 0.0187 CUP
23 January 20241 IQD = 0.0183 CUP
24 January 20241 IQD = 0.0183 CUP
25 January 20241 IQD = 0.0183 CUP
26 January 20241 IQD = 0.0183 CUP
28 January 20241 IQD = 0.0183 CUP
29 January 20241 IQD = 0.0187 CUP
30 January 20241 IQD = 0.0183 CUP
31 January 20241 IQD = 0.0183 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).

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

01/01/1961: Nationalization of Banks

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

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.
IQD CUP January 2024
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IQD CUP January 2025