Historic Macedonian Denar Cuban peso

Macedonian Denar cuban peso history for January 2024. The highest quote for this month is 0.43437 (01/01/2024) and the lowest 0.43787 (01/01/2024). The difference between high and low is -0.81.

MKD CUP average rate for January 2024 is 0.42876, the change between 01/01/2024 and 31/01/2024 is +2.11 %.

01 January 20241 MKD = 0.4341 CUP
02 January 20241 MKD = 0.4344 CUP
03 January 20241 MKD = 0.4297 CUP
04 January 20241 MKD = 0.4277 CUP
05 January 20241 MKD = 0.4297 CUP
06 January 20241 MKD = 0.4290 CUP
07 January 20241 MKD = 0.4290 CUP
08 January 20241 MKD = 0.4323 CUP
09 January 20241 MKD = 0.4296 CUP
10 January 20241 MKD = 0.4290 CUP
11 January 20241 MKD = 0.4308 CUP
12 January 20241 MKD = 0.4310 CUP
14 January 20241 MKD = 0.4295 CUP
15 January 20241 MKD = 0.4298 CUP
16 January 20241 MKD = 0.4293 CUP
17 January 20241 MKD = 0.4276 CUP
18 January 20241 MKD = 0.4265 CUP
19 January 20241 MKD = 0.4270 CUP
22 January 20241 MKD = 0.4313 CUP
23 January 20241 MKD = 0.4269 CUP
24 January 20241 MKD = 0.4252 CUP
25 January 20241 MKD = 0.4272 CUP
26 January 20241 MKD = 0.4259 CUP
28 January 20241 MKD = 0.4246 CUP
29 January 20241 MKD = 0.4300 CUP
30 January 20241 MKD = 0.4244 CUP
31 January 20241 MKD = 0.4250 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).

01/07/2020: Euro as legal tender

North Macedonia officially adopted the Euro as its currency, replacing the Macedonian Denar for all monetary transactions.

15/05/2018: Denar's symbol adoption

The official symbol for the Macedonian Denar (den) was adopted, representing the currency in both domestic and international transactions.

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.

10/10/2005: Denar's full Euro peg

The Macedonian Denar was fully pegged to the Euro at a fixed exchange rate of 61.5 Denars to 1 Euro.

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.

29/04/2003: Replacement of banknotes

New series of banknotes with enhanced security features were introduced, replacing the older versions.

05/11/2001: Denar's devaluation

Due to the political crisis in Macedonia, the Denar underwent a significant devaluation, losing around 40% of its value against the Euro.

15/05/1995: Denar's peg to the German Mark

The Macedonian Denar was pegged to the German Mark at a rate of 1 Denar to 1.5 Deutsche Mark, establishing a stable exchange rate.

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.

26/11/1992: Introduction of the Macedonian Denar

The Macedonian Denar was introduced as the official currency of the Republic of Macedonia following its declaration of independence from Yugoslavia.

01/01/1961: Nationalization of Banks

The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.
MKD CUP January 2024
MKD CUP February 2024
MKD CUP March 2024
MKD CUP April 2024
MKD CUP May 2024
MKD CUP June 2024
MKD CUP July 2024
MKD CUP August 2024
MKD CUP September 2024
MKD CUP October 2024
MKD CUP November 2024
MKD CUP December 2024
MKD CUP January 2025