North Korean won cuban peso exchange rate history (KPW CUP) October 2023

North Korean won cuban peso history for October 2023. The highest quote for this month is 0.026836 (13/10/2023) and the lowest 0.026667 (01/10/2023). The difference between high and low is 0.63.

KPW CUP average rate for October 2023 is 0.02663, the change between 01/10/2023 and 31/10/2023 is +0.19 %.

01 October 2023	1 KPW = 0.0267 CUP
03 October 2023	1 KPW = 0.0266 CUP
04 October 2023	1 KPW = 0.0266 CUP
06 October 2023	1 KPW = 0.0266 CUP
07 October 2023	1 KPW = 0.0267 CUP
08 October 2023	1 KPW = 0.0267 CUP
09 October 2023	1 KPW = 0.0265 CUP
10 October 2023	1 KPW = 0.0266 CUP
11 October 2023	1 KPW = 0.0266 CUP
13 October 2023	1 KPW = 0.0266 CUP
16 October 2023	1 KPW = 0.0266 CUP
17 October 2023	1 KPW = 0.0266 CUP
18 October 2023	1 KPW = 0.0266 CUP
19 October 2023	1 KPW = 0.0266 CUP
20 October 2023	1 KPW = 0.0266 CUP
21 October 2023	1 KPW = 0.0267 CUP
22 October 2023	1 KPW = 0.0267 CUP
23 October 2023	1 KPW = 0.0266 CUP
24 October 2023	1 KPW = 0.0266 CUP
25 October 2023	1 KPW = 0.0266 CUP
26 October 2023	1 KPW = 0.0266 CUP
27 October 2023	1 KPW = 0.0266 CUP
28 October 2023	1 KPW = 0.0267 CUP
29 October 2023	1 KPW = 0.0267 CUP
30 October 2023	1 KPW = 0.0266 CUP
31 October 2023	1 KPW = 0.0266 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.

01/07/2013: Exchange rate unification

North Korea unifies the official exchange rate and market rate, resulting in a significant depreciation of the won.

25/10/2011: Currency Unification Announced

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

30/11/2009: Currency revaluation

North Korean government announces a currency revaluation, replacing the old won notes at a ratio of 1 for 100.

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.

01/12/2001: Currency redenomination

North Korean won is redenominated, with the previous notes and coins being replaced by new ones at a ratio of 1 for 1,000.

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.

25/02/1992: Introducing foreign exchange certificates

North Korea introduces foreign exchange certificates to counter hyperinflation and stabilize its economy.

06/12/1979: Second major revaluation

North Korean won undergoes its second major revaluation, with the exchange rate being set at 1 for 10.

01/01/1961: Nationalization of Banks

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

31/12/1959: First major revaluation

North Korean won undergoes its first major revaluation, with the exchange rate being set at 1 for 100.

06/12/1947: Introduction of North Korean won

North Korean won is introduced as the official currency of North Korea, replacing the Korean yen at par value.

Historic North Korean won Cuban peso