Top Three Cash Quirks of Cuba
2. Take GBP, Euro or Canadian cash for any conversion to local CUCs. American dollars incur an unpleasant 10% penalty fee.
Also worth knowing: Foreign currency can be changed at government run Cadecas. These kiosks stand out with the long queues extending out their doors.
3. Cuba has two currencies; the CUC and CUP. 1 CUC = 24 CUP. Most tourist venues (casa particulares, hotels, restaurants, museums, etc.) accept CUCs. Typically, visitors need minimal, if any, CUCs for a handful of local shops, restaurants and cafes geared towards resident Cubans.
Also worth knowing: Watch out for street cash converters who may try to give you the wrong currency, old bills or a bad rate. It is safer to go to the Cadecas to exchange money.
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