Historic Nicaraguan córdoba Cuban peso

Nicaraguan córdoba cuban peso history for January 2024. The highest quote for this month is 0.6633 (09/01/2024) and the lowest 0.66334 (09/01/2024). The difference between high and low is -0.01.

NIO CUP average rate for January 2024 is 0.65868, the change between 01/01/2024 and 31/01/2024 is +1.11 %.

01 January 20241 NIO = 0.6632 CUP
02 January 20241 NIO = 0.6632 CUP
03 January 20241 NIO = 0.6566 CUP
04 January 20241 NIO = 0.6558 CUP
05 January 20241 NIO = 0.6633 CUP
06 January 20241 NIO = 0.6553 CUP
07 January 20241 NIO = 0.6553 CUP
08 January 20241 NIO = 0.6629 CUP
09 January 20241 NIO = 0.6564 CUP
10 January 20241 NIO = 0.6633 CUP
11 January 20241 NIO = 0.6630 CUP
12 January 20241 NIO = 0.6629 CUP
13 January 20241 NIO = 0.6553 CUP
14 January 20241 NIO = 0.6553 CUP
15 January 20241 NIO = 0.6629 CUP
16 January 20241 NIO = 0.6630 CUP
17 January 20241 NIO = 0.6629 CUP
18 January 20241 NIO = 0.6567 CUP
19 January 20241 NIO = 0.6568 CUP
20 January 20241 NIO = 0.6553 CUP
21 January 20241 NIO = 0.6553 CUP
22 January 20241 NIO = 0.6629 CUP
23 January 20241 NIO = 0.6562 CUP
24 January 20241 NIO = 0.6565 CUP
25 January 20241 NIO = 0.6561 CUP
26 January 20241 NIO = 0.6571 CUP
27 January 20241 NIO = 0.6553 CUP
28 January 20241 NIO = 0.6553 CUP
29 January 20241 NIO = 0.6628 CUP
30 January 20241 NIO = 0.6564 CUP
31 January 20241 NIO = 0.6558 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.