What currency do they use in Cuba?
There are currently two currencies in circulation in Cuba: the peso and the convertible peso (CUC). We do not recommend using the peso. The convertible peso is issued on a par with the US dollar, although they are of no use outside Cuba and must be changed before leaving the country. US dollars may not be used for commercial transactions within Cuba and there will be a 10% commission imposed for changing these into the convertible peso. We therefore strongly advise that cash and travellers’ cheques should be in either sterling or euros to avoid paying this high level of commission. National Bank regulations apply to the import and export of foreign currency, and it is prohibited to import or export local Cuban currency. Please note also that exchange houses are not familiar with Scottish and Ulster banknotes and do not always accept them. Euros are accepted in Varadero, Cayo Coco, Cayo Guillermo and Cayo Largo. Sterling travellers’ cheques are acceptable provided they are not issued by