Historic Israeli Sheqel Cuban peso

Israeli Sheqel cuban peso history for December 2023. The highest quote for this month is 6.6689 (24/12/2023) and the lowest 6.7321 (25/12/2023). The difference between high and low is -0.95.

ILS CUP average rate for December 2023 is 6.54263, the change between 01/12/2023 and 31/12/2023 is -3.2 %.

01 December 20231 ILS = 6.44 CUP
02 December 20231 ILS = 6.47 CUP
03 December 20231 ILS = 6.47 CUP
04 December 20231 ILS = 6.45 CUP
05 December 20231 ILS = 6.44 CUP
06 December 20231 ILS = 6.45 CUP
07 December 20231 ILS = 6.49 CUP
08 December 20231 ILS = 6.49 CUP
10 December 20231 ILS = 6.48 CUP
11 December 20231 ILS = 6.49 CUP
12 December 20231 ILS = 6.46 CUP
13 December 20231 ILS = 6.46 CUP
14 December 20231 ILS = 6.48 CUP
15 December 20231 ILS = 6.54 CUP
16 December 20231 ILS = 6.53 CUP
17 December 20231 ILS = 6.55 CUP
18 December 20231 ILS = 6.58 CUP
19 December 20231 ILS = 6.54 CUP
20 December 20231 ILS = 6.56 CUP
21 December 20231 ILS = 6.61 CUP
22 December 20231 ILS = 6.62 CUP
23 December 20231 ILS = 6.67 CUP
24 December 20231 ILS = 6.67 CUP
25 December 20231 ILS = 6.67 CUP
26 December 20231 ILS = 6.68 CUP
27 December 20231 ILS = 6.62 CUP
28 December 20231 ILS = 6.62 CUP
29 December 20231 ILS = 6.65 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.