Somali shilling cuban peso history for March 2024. The highest quote for this month is 0.042256 (01/03/2024) and the lowest 0.042254 (12/03/2024). The difference between high and low is 0.
SOS CUP average rate for March 2024 is 0.04217, the change between 01/03/2024 and 31/03/2024 is -0.07 %.
01 March 2024 | 1 SOS = 0.0422 CUP |
04 March 2024 | 1 SOS = 0.0421 CUP |
05 March 2024 | 1 SOS = 0.0422 CUP |
06 March 2024 | 1 SOS = 0.0422 CUP |
07 March 2024 | 1 SOS = 0.0422 CUP |
08 March 2024 | 1 SOS = 0.0420 CUP |
11 March 2024 | 1 SOS = 0.0422 CUP |
12 March 2024 | 1 SOS = 0.0423 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.
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.
01/01/1961: Nationalization of Banks
The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.