What type of money do they use in Cuba and can credit cards and travelers cheques be used ?
Persons who travel to Cuba will exchange hard currency into Convertible Pesos (picture above) at Havana airport. The rate is fixed at 1 to 1 with the US dollar. HOWEVER, IT IS IMPORTANT TO NOTE that the exchange of US dollars into Convertible Pesos will result in a 10% commission being kept by the bank in Cuba. In the case Canadian dollars, British Pounds and Euros, zero% commission is applied by the bank in Cuba. The exchange rate for these currencies against the Convertible Peso is the same as the daily rate between these currencies and the US dollar. In order to avoid the 10% commission applied to the US dollar, it is therefore recommendable to travel to Cuba with cash Canadian dollars, British Pounds or Euros. The Convertible Peso can be exchanged back into foreign currency upon departure. Visa and MasterCard credit cards are commonly used in most places. ^go up Q: What kind of clothes should I wear in Cuba? We suggest you should dress lightly, especially in summer. It is recommend
