* Coins: 1, 2, 5, 20, 40, and 100 CUP
* Banknotes: 1, 3, 5, 10, 20, 50, and 100 CUP
Convertible peso (CUC)
* Coins: 1 and 5 CUC
* Banknotes: 1, 3, 5, 10, 20, 50, and 100 CUC
The Cuban peso (CUP) is the national currency of Cuba. It is used by Cubans for everyday transactions, such as buying food and paying rent. The CUP is not convertible to other currencies, so it cannot be used to buy goods or services from foreign countries.
The convertible peso (CUC) is a special currency that is used by tourists and foreign businesses in Cuba. It is convertible to other currencies, so it can be used to buy goods and services from foreign countries. The CUC is also used by Cubans to pay for certain goods and services, such as hotel stays and car rentals.
The CUP is worth less than the CUC. The official exchange rate is 1 CUC = 24 CUP. However, the black market exchange rate is closer to 1 CUC = 30 CUP.
