Cuba: the Cuban Peso
- Cuban currency: $CUC & MN -

Facts explained

Cuban currency: there are two legal tenders in Cuba

Nowadays two currencies are circulating in Cuba: the Cuban Peso (CUP or MN) and the Convertible Cuban Peso ($CUC), both made up of 100 cents (centavos). The $CUC was issued in 1994 and at the time of this writing, one $CUC is worth twenty-four Cuban Pesos. There are circulating banknotes of 1, 3, 5, 10, 20, 50, and 100 $CUC and coins of 1, 5, 10, 25, 50, and 100 cents ($CUC 1).

As much the Cuban Peso as the Convertible Cuban Peso are exchangeable and expendable only within the country. You may obtain $CUC at your arrival exchanging Euros, $CAD, Pounds Sterling, $USD, and other currencies. Cuban currency exchange services are provided at airports, hotels, banks and currency exchange houses called CADECA or Casas de Cambio, spread along the country, some of which work 24 hours, seven days per week.

Banknotes of the Convertible Cuban Peso

$CUC 1

$CUC 3

$CUC 5

$CUC 10

$CUC 20

$CUC 50

$CUC 100

How many Cuban Convertible Pesos can you get with your money?

You can find the daily Cuban currency exchange rate published at Banco Metropolitano web site.

Cuban currency exchange rates are slightly less favourable at the airports, so we advise to exchange there only what you may need to start your trip and then exchange the rest of your currency in a bank, hotel or CADECA.

Prices of services and goods are in $CUC

The Convertible Cuban Peso must be used everywhere: all tourist places, restaurants, stores, and supermarkets. Nevertheless, you can use Cuban Pesos (MN) when buying vegetables and fruits in the agro-markets. One $CUC is worth 24 Cuban Pesos.

Credit cards, ATMs & Traveler's checks

The credit cards accepted in Cuba, either to pay for services and goods or to draw cash from ATMs, are Master Card International and Visa International.

You can find ATMs in several locations of Havana. You can find ATMs almost in every bank and hotel of Havana. Some of the Exchange Houses & Apartments (CADECA) also have ATMs. You can also find ATMs in the principal cities, such as Matanzas, Cienfuegos, Santiago de Cuba, or in resorts such as Varadero, or the keys. However, it’s not the same in smaller cities and towns. If you are going to visit a small city or a town, please, be sure to take the cash you may need.

Traveller’s checks issued by non American Banks can also be used to withdraw money in banks and some hotels.

More about the Cuban Convertible Peso

Tourist and other visitors may bring in as much currency as they wish. However, if you intend to carry with you the equivalent of $USD 5,000 or more when departing, be sure to have declared it when entering the country.

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