Can you explain the currency in Cuba?

The Cuban currency can be a bit confusing for foreigners. Basically, Cuba has two systems of currency, the Cuban Peso (CUP) referred to as Moneda Nacional, and the Convertible Peso (CUC) which is for visitors only. The CUC is roughly equal to the U.S. Dollar and is the currency foreigners use most.

The CUP can be used by Foreigners and Cubans alike to purchase goods and services outside the tourism sector, and is valued at 24 CUP to 1 CUC.




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