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Currency and Money in Cuba

Cuba-Currency-Cuba-Havana

Cuba still has two parallel currencies. While talks are underway to abolish one of them, you’re still greeted with the conundrum of which is which. The usage is rather simple however. The Cuban peso on the right is used at local Cuban stores and it is the currency Cubans are paid their monthly salaries in. The CUC on the left is the money used by tourists and for larger items or paying at a paladar, Casa Particular and other tourism focused businesses. Tip – street vendors sell their items in Cuban Pesos so you can get a pizza, sandwich or other locally consumed items on street corners for cents on the dollar. The Cuban CUC is worth about 20-24 Cuban pesos. A street vendor Pizza will set you back about 10 CUP, or 50 cents.