Historic Kuwaiti Dinar Cuban peso

Kuwaiti Dinar cuban peso history for January 2024. The highest quote for this month is 78.407 (01/01/2024) and the lowest 78.364 (01/01/2024). The difference between high and low is 0.05.

KWD CUP average rate for January 2024 is 78.06156, the change between 01/01/2024 and 31/01/2024 is +0.33 %.

01 January 20241 KWD = 78.29 CUP
02 January 20241 KWD = 78.36 CUP
03 January 20241 KWD = 78.12 CUP
04 January 20241 KWD = 78.01 CUP
05 January 20241 KWD = 78.06 CUP
06 January 20241 KWD = 78.02 CUP
07 January 20241 KWD = 78.02 CUP
08 January 20241 KWD = 77.86 CUP
09 January 20241 KWD = 78.07 CUP
10 January 20241 KWD = 78.06 CUP
11 January 20241 KWD = 78.08 CUP
12 January 20241 KWD = 78.14 CUP
14 January 20241 KWD = 78.13 CUP
15 January 20241 KWD = 78.02 CUP
16 January 20241 KWD = 78.06 CUP
17 January 20241 KWD = 78.14 CUP
18 January 20241 KWD = 77.97 CUP
19 January 20241 KWD = 78.01 CUP
22 January 20241 KWD = 77.94 CUP
23 January 20241 KWD = 78.00 CUP
24 January 20241 KWD = 78.00 CUP
25 January 20241 KWD = 78.03 CUP
26 January 20241 KWD = 78.08 CUP
28 January 20241 KWD = 78.02 CUP
29 January 20241 KWD = 78.13 CUP
30 January 20241 KWD = 78.01 CUP
31 January 20241 KWD = 78.03 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).

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.

20/05/2007: Kuwaiti Dinar Redenominated

The Kuwaiti Dinar underwent a redenomination, with the introduction of new banknotes and removal of three zeros from the currency.

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.

20/03/2003: US Invasion of Iraq

The United States and its allies invaded Iraq, leading to a period of uncertainty and affecting the value of the Kuwaiti 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.

25/03/1991: Kuwait Liberated

Coalition forces led by the United States liberated Kuwait from Iraqi occupation, restoring stability to the country and its currency.

02/08/1990: Iraqi Invasion of Kuwait

Iraqi forces invaded Kuwait, leading to the Gulf War and causing a significant decline in the value of the Kuwaiti Dinar.

16/09/1980: Iraq-Iran War Begins

The Iraq-Iran War started, leading to economic instability in the region and affecting the value of the Kuwaiti Dinar.

20/10/1975: Kuwait Dinar Pegged to Special Drawing Rights (SDR)

Kuwait pegged its currency to a basket of international currencies known as Special Drawing Rights (SDR) instead of the US Dollar.

02/01/1961: Kuwaiti Dinar Introduced

The Kuwaiti Dinar (KWD) was officially introduced as the currency of Kuwait, replacing the Gulf Rupee.

01/01/1961: Nationalization of Banks

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