CUBAN CURRENCY
The Cuban convertible peso CUC is the sole currency accepted for payment of goods and services. It is no longer at par with the US dollar. Foreign currency can be exchanged at Cadeca exchange booths found in Cuba's international airports and in urban areas. as well as in banks and major hotels. Exchange of US currency is subject to a 10% fee in addition to the exchange rate difference. Canadian currency - cash and traveller's cheques with the exception of American Express, may be exchanged for CUCs without the 10% fee. CUCs can be exchanged for Canadian dollars at international airports before leaving the country. It is not possible to exchange CUCs outside of Cuba.NB My hotel offered 90 CUCs for 100 Canadian dollars. A little bank kiosk in the Hotel offered 94 CUCs for 100 Canadian dollars. I changed just what I needed for our tour to Havana, two departure tax of 25 CUCs and a bit of...
