What is the best kind of currency to bring to Cuba?

Cuba is just like most countries: upon arrival or soon thereafter, you exchange your foreign currency into local currency. In Cuba, there are two currencies, pesos convertibles (Cuban Convertible Pesos, designated as CUC and sometimes called divisas) and the Cuban peso, also called moneda nacional (national currency, designated as CUP). Many Cubans refer to both as pesos and both are often denoted by $, the dollar sign.

Most foreign currencies are acceptable in Cuba. The one foreign currency to avoid bringing is US dollars, as there’s an additional surcharge of 10% on top of the exchange rate, although it is perfectly legal to have and use US dollars in Cuba.

Just as when you go to Spain or Mexico, you need local currency to purchase things in stores, so too in Cuba you need local currency for your purchases. Except for a few designated tourist areas where it’s permitted to use Euros, you’ll need pesos convertibles and, for some things, Cuban pesos. It’s a good idea to carry CUCs in low denominations, as some places have difficulty giving change for large bills. As well, if you want to pay with CUC 50 or 100 notes, you may need to show your passport.



One thought on “What is the best kind of currency to bring to Cuba?

  • Went to get some Amex travellers cheques today to be told that they are no longer accepted and to take cash(!)
    As I’m in the country for a month I dont want to do this.any advice?

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

Photo of the Day

Photo of the Day
Picture 1 of 1

Before the Winter, Ontario, Canada.  By Steve McCaig (Canada).  Camera: Google Pixel cell phone

Submit your pictures to our Photo of the Day section
You don’t have to be a professional photographer, just send an image (in black and white or color), with a photo caption indicating where it was taken (city and country), type of camera or cell you used, and a small description about it.
Note: it is better for our format if you send horizontal orientation pictures. Even square will work but vertical is a problem.
Send your picture with your name and birth country, or where you reside, to this email address: yordaguer@gmail.com