Historic New Zealand Dollar Cuban peso

New Zealand Dollar cuban peso history for January 2024. The highest quote for this month is 15.201 (01/01/2024) and the lowest 15.201 (01/01/2024). The difference between high and low is 0.

NZD CUP average rate for January 2024 is 14.82455, the change between 01/01/2024 and 31/01/2024 is +3.17 %.

01 January 20241 NZD = 15.18 CUP
02 January 20241 NZD = 15.18 CUP
03 January 20241 NZD = 14.99 CUP
04 January 20241 NZD = 14.97 CUP
05 January 20241 NZD = 14.94 CUP
06 January 20241 NZD = 14.98 CUP
07 January 20241 NZD = 15.00 CUP
08 January 20241 NZD = 14.94 CUP
09 January 20241 NZD = 14.98 CUP
10 January 20241 NZD = 14.95 CUP
11 January 20241 NZD = 14.93 CUP
12 January 20241 NZD = 14.97 CUP
13 January 20241 NZD = 14.99 CUP
14 January 20241 NZD = 14.99 CUP
15 January 20241 NZD = 14.92 CUP
16 January 20241 NZD = 14.83 CUP
17 January 20241 NZD = 14.74 CUP
18 January 20241 NZD = 14.65 CUP
19 January 20241 NZD = 14.67 CUP
20 January 20241 NZD = 14.67 CUP
21 January 20241 NZD = 14.68 CUP
22 January 20241 NZD = 14.66 CUP
23 January 20241 NZD = 14.56 CUP
24 January 20241 NZD = 14.63 CUP
25 January 20241 NZD = 14.64 CUP
26 January 20241 NZD = 14.65 CUP
27 January 20241 NZD = 14.62 CUP
28 January 20241 NZD = 14.63 CUP
29 January 20241 NZD = 14.62 CUP
30 January 20241 NZD = 14.70 CUP
31 January 20241 NZD = 14.70 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).

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

01/01/1961: Nationalization of Banks

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

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.
NZD CUP August 2023
NZD CUP September 2023
NZD CUP October 2023
NZD CUP November 2023
NZD CUP December 2023
NZD CUP January 2024
NZD CUP February 2024
NZD CUP March 2024
NZD CUP April 2024
NZD CUP May 2024
NZD CUP June 2024
NZD CUP July 2024
NZD CUP August 2024