Historic Nepalese rupee Cuban peso

Nepalese rupee cuban peso history for February 2024. The highest quote for this month is 0.18303 (28/02/2024) and the lowest 0.18312 (08/02/2024). The difference between high and low is -0.05.

NPR CUP average rate for February 2024 is 0.1826, the change between 01/02/2024 and 29/02/2024 is -0.15 %.

01 February 20241 NPR = 0.1826 CUP
02 February 20241 NPR = 0.1827 CUP
03 February 20241 NPR = 0.1809 CUP
05 February 20241 NPR = 0.1829 CUP
06 February 20241 NPR = 0.1826 CUP
07 February 20241 NPR = 0.1826 CUP
08 February 20241 NPR = 0.1831 CUP
09 February 20241 NPR = 0.1828 CUP
10 February 20241 NPR = 0.1809 CUP
12 February 20241 NPR = 0.1827 CUP
13 February 20241 NPR = 0.1829 CUP
14 February 20241 NPR = 0.1828 CUP
15 February 20241 NPR = 0.1826 CUP
16 February 20241 NPR = 0.1827 CUP
19 February 20241 NPR = 0.1827 CUP
20 February 20241 NPR = 0.1826 CUP
21 February 20241 NPR = 0.1828 CUP
22 February 20241 NPR = 0.1827 CUP
23 February 20241 NPR = 0.1829 CUP
26 February 20241 NPR = 0.1824 CUP
27 February 20241 NPR = 0.1829 CUP
28 February 20241 NPR = 0.1830 CUP
29 February 20241 NPR = 0.1829 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).

20/09/2015: Adoption of New Constitution

Nepal adopted a new constitution, resulting in political unrest and affecting the Nepalese Rupee's stability.

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.

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.

26/10/1999: Maoist Insurgency Begins

The start of the Maoist insurgency in Nepal led to political instability and economic challenges, impacting the value of the Nepalese Rupee.

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.

08/04/1993: Nepalese Rupee's Peg to Indian Rupee

The Nepalese Rupee was pegged to the Indian Rupee at a fixed exchange rate.

30/12/1972: Reintroduction of Nepalese Rupee

Nepal reintroduced the Nepalese Rupee as the official currency, separating it from the Indian Rupee.

01/01/1961: Nationalization of Banks

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

12/03/1960: Replacement of Nepalese Rupee

The Nepalese Rupee was replaced by the Indian Rupee as the legal tender in Nepal.

15/12/1959: Nepal Rastra Bank Established

Nepal Rastra Bank, the central bank of Nepal, was established to oversee the monetary system and issue the Nepalese Rupee.

07/04/1932: Introduction of Nepalese Rupee

The Nepalese Rupee was officially introduced as the currency of Nepal, replacing the silver mohar.
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