Currency and Banks

Currency

The local currency is Cuban peso (CUP). Convertible peso has been discontinued and not been accepted anymore.

US dollars are not accepted in cash anywhere in Cuba, while Canadian currency is widely accepted.

At the hotels and resort areas payments are accepted only with Debit/visa or Visa credit cards from Canadian banks. Clients who don’t have a credit card can buy a pre-paid card in Cuba at the airport, exchange houses and resort areas.

Payments outside the tourist areas are in local Cuban pesos (CUP); we recommend exchanging Canadian dollars into pesos as you need them and only if you are planning to travel around outside of the tourist zones; since you won’t be able to exchange the left-over pesos back into Canadian at the end of the holidays.

The best currency for tips is Canadian dollars.

To check exchange rates, simply visit the website: Banco Central de Cuba.

Banks Hours are: 8:30 am to 3:30 pm