What is the best currency to carry to Cuba in order to save money?
When it comes to currency, travellers are recommended to utilize Cuba Convertible Pesos, which are convertible into dollars (CUC). You may either exchange them or purchase them at the airport or the resort. Cubans are also eager to accept Canadian dollars and Euros, as well as other foreign currencies.
As a traveler, you will be unable to spend US dollars in Cuba due to the government’s efforts to dedollarize the country’s economy. US dollars are no longer being exchanged for CUPs at any currency exchange offices, including those in airports. You will also be unable to use credit or debit cards issued by US-based financial institutions.
Cuba is typically considered to be reasonably priced, particularly when compared to other Caribbean islands, although it is more costly when compared to other regions of Latin America, such as Mexico or Central American countries. You’ll be compelled to pay tourist pricing the majority of the time if you’re using a unique second currency designed specifically for visitors.
Tipping in Cuban restaurants is not customary. Generally speaking, a regular tip at a restaurant in Cuba is between 10-15% of the whole cost. Of course, if you felt that the service was exceptional, you are welcome to offer a greater tip. Always be kind to your waiters and waitresses, and engage in conversation with them whenever possible.
No, credit cards and debit cards issued by banks in the United States are not valid in Cuba. Because of the official embargo, debit/credit cards issued by the United States are not accepted by Cuban financial institutions. It is essential that you carry enough cash with you to pay your expenses for the full period that you will be in Cuba with you.
In Cuba, there are two official currencies: the peso (CUP) and the convertible peso (CUP) (CUC). The exchange rate between the two currencies is $1(CUC)=$25 (CUP). The Cuban peso is officially only exchangeable within the nation, and it is not available for purchase in Canada.