Historic Swiss franc Cuban peso

Swiss franc cuban peso history for January 2024. The highest quote for this month is 28.571 (01/01/2024) and the lowest 28.594 (01/01/2024). The difference between high and low is -0.08.

CHF CUP average rate for January 2024 is 27.95537, the change between 01/01/2024 and 31/01/2024 is +2.65 %.

01 January 20241 CHF = 28.57 CUP
02 January 20241 CHF = 28.56 CUP
03 January 20241 CHF = 28.21 CUP
04 January 20241 CHF = 28.21 CUP
05 January 20241 CHF = 28.20 CUP
08 January 20241 CHF = 28.10 CUP
09 January 20241 CHF = 28.26 CUP
10 January 20241 CHF = 28.12 CUP
11 January 20241 CHF = 28.18 CUP
12 January 20241 CHF = 28.17 CUP
14 January 20241 CHF = 28.21 CUP
15 January 20241 CHF = 28.05 CUP
16 January 20241 CHF = 27.98 CUP
17 January 20241 CHF = 27.87 CUP
18 January 20241 CHF = 27.73 CUP
19 January 20241 CHF = 27.62 CUP
21 January 20241 CHF = 27.64 CUP
22 January 20241 CHF = 27.58 CUP
23 January 20241 CHF = 27.57 CUP
24 January 20241 CHF = 27.56 CUP
25 January 20241 CHF = 27.77 CUP
26 January 20241 CHF = 27.67 CUP
27 January 20241 CHF = 27.79 CUP
28 January 20241 CHF = 27.79 CUP
29 January 20241 CHF = 27.77 CUP
30 January 20241 CHF = 27.82 CUP
31 January 20241 CHF = 27.81 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).

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

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.

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

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.

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official 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.

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

01/01/1961: Nationalization of Banks

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

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.
CHF CUP January 2024
CHF CUP February 2024
CHF CUP March 2024
CHF CUP April 2024
CHF CUP May 2024
CHF CUP June 2024
CHF CUP July 2024
CHF CUP August 2024
CHF CUP September 2024
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CHF CUP November 2024
CHF CUP December 2024
CHF CUP January 2025