Are there any black markets for goods priced in foreign currency?

Dec 15, 2016 ... ... Cuba and what was at the time Czechoslovakia were part of the communist bloc. Cuba now does not have much money but it does have lots of rum ... Mar 13, 2024 ... Depending on the restaurant, store, or service, one might pay with the Cuban peso, the dollar, the euro, or the MLC, a virtual currency launched ... Dec 16, 2020 ... Alongside the Cuban peso it created the CUC, a convertible currency pegged to the dollar at one to one. It hoped this would prevent Cubans from ... Jan 11, 2021 ... Gonzalez: Do you have an estimate for how much prices ... If we cannot buy dollars for any other foreign currency at the state banks using ... Cuba used to have two currencies. Cuban citizens used regular Cuban pesos ... Then there are the places where only a charge card will do. They include ... Mar 27, 2025 ... Cuba uses the Cuban Peso (CUP), also known as “moneda nacional.” Technically, this is the only legal tender used across the country since the ... How to convert Cuban pesos to Nigerian nairas · Input your amount · Choose your currencies · That's it. Apr 27, 2024 ... Cubans have to grapple with yet another hurdle while navigating an ... currencies circulate, including a virtual currency, MLC, created in 2019. The Cuban National Peso (CUC$) is the national currency. This is a closed currency; it can only be obtained and used in Cuba, making it worthless outside of ... Jan 24, 2025 ... “[The authorities] need the dollar because the Cuban peso isn't a credible currency, it's not a stable currency. The payment system associated ...