Cuban Currency: what you should know…
Here you will find the most relevant information about how to pay, what currency to bring, where to exchange it and the rates that apply. We hope this information help you in your travel.
National Cuban currency is Peso Cubano (CUP). One Peso Cubano is equivalent to 100 cents. Bills of 1, 3, 5, 10, 20, 50, 100, 200, 500 and 1000 pesos circulate in the country, as well as fractional coins of 1, 3 and 5 pesos and 5 and 20 cents.
Where to exchange money?
The exchange of freely convertible currencies (foreign currency) for Cuban peso (CUP) is carried out at airports, banks, hotels, exchange houses (CADECA) and shopping malls; always respecting the current exchange rate of the different currencies according to the fluctuation in the world market.
There is also a great infrastructure of banking services throughout the national territory that includes the network of Banks and Automatic Teller Machines (ATM).
You can select one of the destinations shown below to see their locations and contact information.
What currency to bring to Cuba?
Any of the currencies described above may be exchanged for Cuban pesos (CUP) without any limitation and respecting the current exchange rate.
These are the freely convertible currencies that may be exchanged for Cuban pesos (CUP). Please note that in order to know the current rate you should go to the website of the Central Bank of Cuba. www.banco-metropolitano.com.cu
Magnetic cards that can be used
Visa, MasterCard, Access, Eurocard, Banamex and American International Service (AIS) magnetic cards can be used in Cuba.
No cards issued by U.S. institutions work in Cuba, so it is recommended that you verify beforehand that your card is not associated with a U.S. banking institution and secondly and of great importance that you always have a cash backup to avoid setbacks. You can also buy in the networks of national stores that operate in freely convertible currency.
The Cuban Peso is not valid or exchangeable outside the Cuban territory, so at your departure you must change it to the currency you deem convenient.
Will any of the currencies be better to bring when it comes to the exchange rate?
We suggest you to check the websites: