The peso (ISO 4217 code: CUP, sometimes called the "national currency" or in Spanish moneda nacional) is one of two official currencies in use in Cuba, the other being the convertible peso (ISO 4217 code: CUC, occasionally called "dollar" in the spoken language). There are currently 25 CUP per CUC. Most Cuban state workers receive their wages in national pesos, but some receive a portion of their salary in convertible pesos. Shops that sell basics like fruit and vegetables generally accept only the normal peso. "Dollar shops" sell the rest. The word "pesos" may refer to both types of money. Cuban convertible pesos are 25 times more valuable, but that does not completely eliminate the confusion for tourists. Since goods bought in national pesos have government-controlled prices, tourists are sometimes confused by prices that look "too cheap". The hard (CUC) pesos are easy to tell apart from the national (CUP) ones, as CUC coins have an octagonal shape within the outer round rim. The only exception to this is the most common CUP coin, the 1 peso, also has this octagonal shape. Also, CUC currency shows monuments, and CUP bills have portraits.
💴 In Havana, Cuba 🇨🇺 I traded from Cuban people some coins with Che Guevara on and later my Turkish jeweller made a bracelet using the coins 💴 I wear my bracelet with pride ❤️ The Cuban Peso (CUP) and the Cuban Convertible Peso (CUC) are officially used in the island. The dual currency is not a modern issue since it arose in Cuba 102 years ago. Even though the authorities announced their intention to eliminate it, the CUC and the CUP still circulate and tourists use the CUC more frequently.
Cuban pesos. Normally tourists in Cuba are using Cuban convertible pesos. For me last day was little different.. 🗾🙈💱🙉💎🙊 #cuba #habana #lahabana #caribbean #february2015 #island #islandlife #islandstyle #hotel #coin #coins #unpeso #cubancoin #cubancoins #cubanpeso #cubanpesos #insta #instapic #instapict #instagood #instadaily #instacuba #daytime #picoftheday #photoftheday #instagram #nokia #coinsmania #coinscollection #lastday
...the dual economy in Cuba,. "Peso Convertible"(CUC).. the main currency used by the tourists, and the "Peso Cubano"(CUP) used mostly by the Cubans. #havanacuba #vacation2017🌴 #triphavana #cubanmoney #cubanpeso #destinations #travelhavana #tobaccocoffee #plantation #bud_wuaisser #pinoyako🇵🇭
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