Historic Nicaraguan córdoba Cuban peso

Nicaraguan córdoba cuban peso history for February 2024. The highest quote for this month is 0.66237 (05/02/2024) and the lowest 0.66286 (01/02/2024). The difference between high and low is -0.07.

NIO CUP average rate for February 2024 is 0.65686, the change between 01/02/2024 and 29/02/2024 is -0.68 %.

01 February 20241 NIO = 0.6551 CUP
02 February 20241 NIO = 0.6564 CUP
03 February 20241 NIO = 0.6553 CUP
04 February 20241 NIO = 0.6553 CUP
05 February 20241 NIO = 0.6624 CUP
06 February 20241 NIO = 0.6624 CUP
07 February 20241 NIO = 0.6572 CUP
08 February 20241 NIO = 0.6560 CUP
09 February 20241 NIO = 0.6566 CUP
10 February 20241 NIO = 0.6553 CUP
11 February 20241 NIO = 0.6553 CUP
12 February 20241 NIO = 0.6597 CUP
13 February 20241 NIO = 0.6567 CUP
14 February 20241 NIO = 0.6562 CUP
15 February 20241 NIO = 0.6559 CUP
16 February 20241 NIO = 0.6560 CUP
17 February 20241 NIO = 0.6553 CUP
18 February 20241 NIO = 0.6553 CUP
19 February 20241 NIO = 0.6596 CUP
20 February 20241 NIO = 0.6596 CUP
21 February 20241 NIO = 0.6559 CUP
22 February 20241 NIO = 0.6550 CUP
23 February 20241 NIO = 0.6542 CUP
24 February 20241 NIO = 0.6553 CUP
25 February 20241 NIO = 0.6553 CUP
26 February 20241 NIO = 0.6596 CUP
27 February 20241 NIO = 0.6567 CUP
28 February 20241 NIO = 0.6560 CUP
29 February 20241 NIO = 0.6595 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.

20/11/2009: Resumption of issuing Córdoba coins

The Central Bank resumed issuing córdoba coins, reintroducing denominations of 10, 25, and 50 centavos, and 1 córdoba.

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.

01/01/2001: Dollarization

Nicaragua adopted the US dollar as its official currency, effectively ending the era of the Nicaraguan córdoba as the national currency.

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.

04/07/1991: Currency control and unification

The government implemented currency control measures, unifying the exchange rate at 5 córdobas oro per US dollar.

25/04/1991: Córdoba Oro becomes legal tender

The Córdoba Oro was declared as the only legal tender in Nicaragua, replacing the old cordoba.

01/02/1988: Introduction of the Córdoba Oro Currencies

The government introduced the Córdoba Oro as a new currency, replacing the previous currency, with an initial rate of 1 córdoba oro = 1,000 córdobas.

01/01/1961: Nationalization of Banks

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

01/03/1932: Córdoba de Oro established

The Córdoba de Oro was introduced, replacing the previous córdoba at a rate of 10,000 to 1.

20/10/1912: Introduction of the Nicaraguan córdoba

The Nicaraguan córdoba was introduced as the official currency of Nicaragua, replacing the peso at a rate of 12.5 córdobas per US dollar.
NIO CUP July 2023
NIO CUP August 2023
NIO CUP September 2023
NIO CUP October 2023
NIO CUP November 2023
NIO CUP December 2023
NIO CUP January 2024
NIO CUP February 2024
NIO CUP March 2024
NIO CUP April 2024
NIO CUP May 2024
NIO CUP June 2024
NIO CUP July 2024