What currency should I take?
Cuba is primarily a cash-based country with limited access to ATMs. It is important to note that most establishments in Cuba do not accept credit or debit cards, especially if they are issued by American banks.
Participants should carefully evaluate daily spending needs prior to departure. A minimum of $50 USD (CASH) per day is recommended. It is better to plan to take more money than to get caught short of funds.
The Cuban Peso (CUP) is the main currency used by island visitors. All goods and services are priced and paid for in the CUP. The CUP floats in value against world currencies. Exchange rates vary daily. Today's rates are based on 1.00 USD equals 120.00 CUP.
Most private business such as casas particulares (guest houses/ bed & breakfasts), private bars and restaurants prefer cash payments in USD dollars or EUROS but Cuban pesos will be accepted too.
As soon as you arrive in Cuba, it is recommended to exchange some of your home currency for CUPs (Cuban Pesos) at the official exchange point called CADECA (Casas de Cambio). These exchange points can be found at airports, resorts, hotels, cruise ports, and other tourist facilities throughout the country. It is crucial to avoid exchanging money on the black market to avoid potential scams.