Historic Ugandan Shilling Cuban peso

Ugandan Shilling cuban peso history for September 2023. The highest quote for this month is 0.00652 (01/09/2023) and the lowest 0.006518 (01/09/2023). The difference between high and low is 0.03.

UGX CUP average rate for September 2023 is 0.00648, the change between 01/09/2023 and 30/09/2023 is +1.87 %.

01 September 20231 UGX = 0.0065 CUP
04 September 20231 UGX = 0.0065 CUP
05 September 20231 UGX = 0.0065 CUP
06 September 20231 UGX = 0.0065 CUP
07 September 20231 UGX = 0.0065 CUP
08 September 20231 UGX = 0.0065 CUP
11 September 20231 UGX = 0.0065 CUP
12 September 20231 UGX = 0.0065 CUP
13 September 20231 UGX = 0.0065 CUP
14 September 20231 UGX = 0.0065 CUP
15 September 20231 UGX = 0.0065 CUP
18 September 20231 UGX = 0.0065 CUP
19 September 20231 UGX = 0.0065 CUP
20 September 20231 UGX = 0.0065 CUP
21 September 20231 UGX = 0.0065 CUP
22 September 20231 UGX = 0.0065 CUP
23 September 20231 UGX = 0.0064 CUP
24 September 20231 UGX = 0.0064 CUP
25 September 20231 UGX = 0.0065 CUP
26 September 20231 UGX = 0.0064 CUP
27 September 20231 UGX = 0.0064 CUP
28 September 20231 UGX = 0.0065 CUP
29 September 20231 UGX = 0.0065 CUP
30 September 20231 UGX = 0.0064 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).

03/06/2020: COVID-19 Impact on the Shilling

The Ugandan Shilling experienced a significant decline in value due to the economic impact of the COVID-19 pandemic.

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.

01/09/2013: Withdrawal of Old Currency Series

The old series of Ugandan Shilling notes were phased out and replaced with the new currency series.

25/10/2011: Currency Unification Announced

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

01/07/2010: Issue of New Currency Series

Uganda issued a new series of currency notes with enhanced security features to reduce 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.

02/05/2003: Introduction of Coins

Uganda introduced coins denominated in Shillings to replace lower-value notes and facilitate transactions.

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.

15/05/1987: Introduction of the 500 Shilling Note

A new 500 Shilling note was introduced to combat the rapid inflation and devaluation of the currency.

05/08/1972: Idi Amin's Currency Change

President Idi Amin ordered the demonetization of old Ugandan Shilling notes and replaced them with new ones, causing an economic crisis.

15/06/1966: Introduction of the Ugandan Shilling

The Ugandan Shilling was introduced as the official currency of Uganda following its independence from British colonial rule.

01/01/1961: Nationalization of Banks

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