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The Cuban Convertible Peso, CUC, or “chavitos” as they are called locally became effective this Monday substituting the widely circulated U.S. dollar, with the Central Bank stating that ...

In recent years, he oversaw the introduction of the Cuban convertible peso, which replaced the US dollar as Cuba's legal tender. The peso's value is tied to a basket of foreign currencies ...

the Cuban peso (CUP). The Cuban convertible peso (CUC), which used to be the currency used by tourists, was eliminated in 2021. The only official place you can exchange currency in Cuba is at Cadeca ...

Alejandro Fonseca stood in line for several hours outside a bank in Havana hoping to withdraw Cuban pesos from an ATM. But ...

There are two currencies in Cuba, the national peso and the Cuban convertible peso. Currently, $1 U.S. dollar equates to about $1 convertible Cuban peso or $26.5 national pesos. The Easiest Way to ...

The country's only official currency is the Cuban Peso (CUP) after the Cuban Convertible Peso (CUC) was abolished at the end ...

The Cuban Peso (CUP) and the Convertible Cuban Peso (CUC) are both legal tender on the island, though neither are convertible in the foreign exchange markets. CUC is pegged to the dollar and most ...

There are two forms of local currency; tourists deal mostly in the Cuban convertible peso. You can exchange U.S. dollars to pesos at the airport or at exchange houses in most cities. Keep in mind ...

Laurent Alemany, 4, looks at the small amount of powdered milk her mother receives under Cuba's rationing system — a ...

As Cubans seek more cash for everyday transactions, such as buying food and other essentials, long lines have been forming ...