Money in Cuba: here the information you need to know…
Below we provide you with the most relevant information on how to pay in Cuba, which currency to bring with, where to exchange and fees applied. We hope this would be useful for you.
The national currency in Cuba is the Cuban Peso (CUP). One Cuban Peso 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.
Which currencies bring to Cuba? Rates of exchange
These are (on the right) the freely convertible currencies that can be exchanged for Cuban pesos (CUP). Note that in order to know the current rate, you must go to the Banco Central de Cuba website.
👉Click here to know the current rates.
Any of the aforementioned currencies may be exchanged for the Cuban peso (CUP) without any limitation and respecting the current exchange rate.
Where to exchange money?
The exchange of freely convertible currencies (foreign exchange) for the Cuban peso (CUP) is carried out in airports, banks, hotels, exchange houses (CADECA) and large stores or shopping centers; always respecting the current exchange rate of the different currencies according to the fluctuation in the world market (See more).
There is also a large infrastructure of banking services throughout the national territory that includes the network of Banks and the network of automatic teller machines (ATM).
You can select one of the destinations shown below to view their locations and contact information.
Credit cards that work in Cuba
Visa, MasterCard, Access, Eurocard, Banamex and American International Service (AIS) are the credit cards that can be used in Cuba
No card issued by United States institutions works in Cuba, so it is recommended first that you verify in advance that your card is not associated with a United States banking institution and secondly and of great importance that you always have support of cash to avoid mishaps.
In addition to using your credit card to withdraw cash in the Cuban National Currency (CUP), according to the exchange rate, making use of the automatic teller machine (ATM) network, you can also buy in the networks of national stores that operate in currency freely convertible.
The Cuban Peso is not valid or exchangeable outside of Cuban territory, so upon departure you must change it to the currency you deem convenient. You can find out about the redemption by clicking here