Because of this, your sole option is which other sort of currency to carry, whether it be Euros, Dollars, or Sterling, or another type of currency altogether. Americans are now encouraged to convert their cash into Euros (depending on the exchange rate) before exchanging, as there is a 10 percent tax on changing USD in Cuba at the time of this writing.
The CUC is a closed currency, which means that it cannot be purchased outside of the island nation. Look for the CADECA currency exchange bureaus, which can be found at the majority of major airports across the world. There are also CADECA bureaus in most major cities, or you may go to any bank to obtain a CADECA certificate.
Make sure you have the necessary cash on hand. 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.
While U.S. dollars are a decent choice for travel cash almost anyplace else in the world, you will be charged a penalty if you use them in Cuba. Euros, British Pounds, or Canadian Dollars are the recommended currencies.
Do not bring USD into the country for exchange into Cuban Pesos. When you exchange USD for another currency, you will be charged a 10 percent premium. Currencies such as the Canadian dollar, the euro, the pound, and so on are all acceptable for exchange.
If you want to go to Cuba, you can bring any foreign money accepted by the Central Bank of Cuba to exchange for Cuban pesos (CUP), with the exception of US dollars (USD), which can only be brought in by wire transfer.
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 meet your expenses for the full period that you will be in Cuba with you.
Table showing the conversion of US dollars to Cuban pesos
|1 USD||USD||25.75 CUP|
|2 USD||USD||51.50 CUP|
|3 USD||USD||77.25 CUP|
|4 USD||USD||103.00 CUP|
Tipping in Cuban restaurants is not customary. In Cuba, it is customary to leave a 10 percent tip or gratuity as a bare minimum in restaurants.
Convertible pesos (also known as CUC) are used by tourists to purchase goods and services in Cuba. The exchange rate is one-to-one with the value of the American dollar. Local Cubans, on the other hand, get paid in pesos, or CUPs, which are worth around 25 cents to the dollar.
Convert Cuban Convertible Pesos to US Dollars with this online converter.
|5 CUC||5 USD|
|10 CUC||10 USD|
|25 CUC||25 USD|
|50 CUC||50 USD|
The Euro is the greatest currency to tip in Cuba since it has the best ″official″ and ″unofficial″ conversion rates, making it the most popular choice. Tipping in Canadian Dollars, British Pounds, and Cuban Pesos, on the other hand, is becoming increasingly prevalent. You can also use your native money to tip in Cuba, as long as it can be converted in the nation where you are staying.
The most efficient method of transferring money to Cuba is through the use of an e-transfer. Some financial institutions allow you to send money to Cuba by e-transfer at a far cheaper cost than typical bank transfers.
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.
A huge range of private charters to Cuba is available, including light planes for couples and larger aircraft for large groups of friends and family. There is something for everyone. We are certain that whichever choice you make, you will be treated to an unforgettable voyage, guided by highly trained and experienced aviation professionals.