This Monday, foreign exchange rates in Cuba remain unchanged compared to the previous day. The euro, which fell from 357 CUP ...

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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

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 ...

The Cuban informal currency market continues to be a hotbed of activity, with the euro experiencing a significant increase as ...

peso is the legal tender in Cuba and is used by the majority of the population that is divided into 100 units called cents. As of January 1, 2021, the Cuban convertible peso ceased to exist as a ...

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 ...

As of January 1, 2021, the Cuban convertible peso was the most accepted in mandatory payments and still had legal value, but it did not exist as a legal tender because it was not received as ...