Historic Sri Lankan rupee Cuban peso

Sri Lankan rupee cuban peso history for August 2023. The highest quote for this month is 0.076029 (02/08/2023) and the lowest 0.076763 (02/08/2023). The difference between high and low is -0.97.

LKR CUP average rate for August 2023 is 0.0753, the change between 01/08/2023 and 31/08/2023 is +0.46 %.

01 August 20231 LKR = 0.0757 CUP
02 August 20231 LKR = 0.0759 CUP
03 August 20231 LKR = 0.0769 CUP
04 August 20231 LKR = 0.0757 CUP
05 August 20231 LKR = 0.0754 CUP
07 August 20231 LKR = 0.0754 CUP
08 August 20231 LKR = 0.0747 CUP
09 August 20231 LKR = 0.0754 CUP
10 August 20231 LKR = 0.0759 CUP
11 August 20231 LKR = 0.0757 CUP
12 August 20231 LKR = 0.0755 CUP
14 August 20231 LKR = 0.0754 CUP
15 August 20231 LKR = 0.0752 CUP
16 August 20231 LKR = 0.0753 CUP
17 August 20231 LKR = 0.0754 CUP
18 August 20231 LKR = 0.0754 CUP
21 August 20231 LKR = 0.0750 CUP
22 August 20231 LKR = 0.0745 CUP
23 August 20231 LKR = 0.0747 CUP
24 August 20231 LKR = 0.0747 CUP
25 August 20231 LKR = 0.0746 CUP
28 August 20231 LKR = 0.0747 CUP
29 August 20231 LKR = 0.0748 CUP
30 August 20231 LKR = 0.0753 CUP
31 August 20231 LKR = 0.0753 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).

16/12/2016: Demonetization of 50 Rupee Note

The 50 Rupee banknote was demonetized, leading to widespread confusion and inconvenience as people rushed to exchange their old notes.

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.

01/01/2010: Decimalization of Rupee

The Rupee was decimalized, with the introduction of coins denominated in cents, replacing the previous system of cents represented as a fraction of a Rupee.

17/08/2005: Series of New Banknotes

A new series of banknotes featuring improved security features and a more vibrant design was introduced to combat counterfeiting.

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.

01/06/2001: Introduction of 10 Rupee Coin

The 10 Rupee coin was introduced, replacing the 10 Rupee banknotes, to reduce the cost of production and improve durability.

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.

01/07/1977: Floating Exchange Rate

Sri Lanka shifted to a floating exchange rate regime, allowing the value of the Rupee to fluctuate based on market forces.

22/05/1972: Ceylon becomes Sri Lanka

The country changes its name from Ceylon to Sri Lanka, and the currency is renamed Sri Lankan Rupee (LKR).

22/06/1966: Introduction of the Ceylon Rupee

The Ceylon Rupee was established as the official currency of Sri Lanka, replacing the Indian Rupee at a rate of 1:2.

01/01/1961: Nationalization of Banks

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