Israeli Sheqel cuban peso exchange rate history (ILS CUP) August 2023

Israeli Sheqel cuban peso history for August 2023. The highest quote for this month is 6.5565 (01/08/2023) and the lowest 6.6082 (02/08/2023). The difference between high and low is -0.79.

ILS CUP average rate for August 2023 is 6.41192, the change between 01/08/2023 and 31/08/2023 is +3.1 %.

01 August 2023	1 ILS = 6.55 CUP
02 August 2023	1 ILS = 6.60 CUP
03 August 2023	1 ILS = 6.54 CUP
04 August 2023	1 ILS = 6.50 CUP
07 August 2023	1 ILS = 6.52 CUP
08 August 2023	1 ILS = 6.50 CUP
09 August 2023	1 ILS = 6.44 CUP
10 August 2023	1 ILS = 6.50 CUP
11 August 2023	1 ILS = 6.47 CUP
12 August 2023	1 ILS = 6.44 CUP
14 August 2023	1 ILS = 6.46 CUP
15 August 2023	1 ILS = 6.41 CUP
16 August 2023	1 ILS = 6.41 CUP
17 August 2023	1 ILS = 6.39 CUP
18 August 2023	1 ILS = 6.33 CUP
20 August 2023	1 ILS = 6.33 CUP
21 August 2023	1 ILS = 6.30 CUP
22 August 2023	1 ILS = 6.31 CUP
23 August 2023	1 ILS = 6.33 CUP
24 August 2023	1 ILS = 6.37 CUP
25 August 2023	1 ILS = 6.32 CUP
28 August 2023	1 ILS = 6.31 CUP
29 August 2023	1 ILS = 6.31 CUP
30 August 2023	1 ILS = 6.31 CUP
31 August 2023	1 ILS = 6.35 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).

29/12/2014: 1 US Dollar = 3.891 Israeli Sheqel

The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.

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.

04/05/2008: Introduction of New Banknotes

New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.

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.

01/09/1999: Introduction of Sheqel Coins

Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of the 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.

24/02/1985: Hyperinflation Crisis

Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).

01/01/1961: Nationalization of Banks

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

16/03/1960: Introduction of the New Sheqel

The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the official currency.

24/02/1949: Introduction of the Israel Pound

The Israeli pound (ILP) was introduced as legal tender in Israel.

24/09/1948: Israeli Declaration of Independence

The Israeli pound (ILP) was introduced as the official currency of Israel.

Historic Israeli Sheqel Cuban peso