Historic Namibian dollar Cuban peso

Namibian dollar cuban peso history for February 2024. The highest quote for this month is 1.2946 (01/02/2024) and the lowest 1.2944 (03/02/2024). The difference between high and low is 0.02.

NAD CUP average rate for February 2024 is 1.26286, the change between 01/02/2024 and 29/02/2024 is +3.96 %.

01 February 20241 NAD = 1.289 CUP
02 February 20241 NAD = 1.289 CUP
03 February 20241 NAD = 1.270 CUP
04 February 20241 NAD = 1.270 CUP
05 February 20241 NAD = 1.301 CUP
06 February 20241 NAD = 1.259 CUP
07 February 20241 NAD = 1.274 CUP
08 February 20241 NAD = 1.269 CUP
09 February 20241 NAD = 1.265 CUP
12 February 20241 NAD = 1.259 CUP
13 February 20241 NAD = 1.260 CUP
14 February 20241 NAD = 1.253 CUP
15 February 20241 NAD = 1.258 CUP
16 February 20241 NAD = 1.264 CUP
17 February 20241 NAD = 1.274 CUP
18 February 20241 NAD = 1.272 CUP
19 February 20241 NAD = 1.265 CUP
20 February 20241 NAD = 1.270 CUP
21 February 20241 NAD = 1.268 CUP
22 February 20241 NAD = 1.268 CUP
23 February 20241 NAD = 1.250 CUP
24 February 20241 NAD = 1.243 CUP
25 February 20241 NAD = 1.243 CUP
26 February 20241 NAD = 1.249 CUP
27 February 20241 NAD = 1.240 CUP
28 February 20241 NAD = 1.240 CUP
29 February 20241 NAD = 1.238 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).

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

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.

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

25/10/2011: Currency Unification Announced

The Cuban government announced plans to eliminate the dual currency system and unify the CUP and CUC.

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.

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.

01/01/2002: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

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.

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

01/01/1961: Nationalization of Banks

The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.
NAD CUP August 2023
NAD CUP September 2023
NAD CUP October 2023
NAD CUP November 2023
NAD CUP December 2023
NAD CUP January 2024
NAD CUP February 2024
NAD CUP March 2024
NAD CUP April 2024
NAD CUP May 2024
NAD CUP June 2024
NAD CUP July 2024
NAD CUP August 2024